The law that bars discrimination in credit decisions.

The Equal Credit Opportunity Act prohibits credit discrimination based on protected characteristics.

The Equal Credit Opportunity Act (ECOA) is a United States law, enacted October 28, 1974, that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age ; the applicant's use of a public assistance program to receive all or part of their income; or the applicant's previous good-faith exercise of any right under the Consumer Credit Protection Act. The law applies to any person who, in the ordinary course of business, regularly participates in a credit decision, including banks, retailers, bank card companies, finance companies, and credit unions.