Congress Prohibits Discrimination in the Granting of Credit
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Government and Politics, Women’s Issues, Social Issues, Reform, and Protest, Economics
- Subcategories: Race, Ethnicity, Racism, Civil Rights, Minority Rights, Minorities, Business, Gender Issues, Sexism, Laws, Acts, Legislation, Discrimination, Prejudice
- Curriculum: American History 1951-present, Women’s History
- Geographical Location: Washington, D.C.
- Date: October 28, 1975
Article abstract: The Equal Credit Opportunity Act passed in 1975 included policies to eliminate credit discrimination and eased the ability of women and minority group members to get loans.
Summary of Event
Portions of the Equal Credit Opportunity Act were enacted in 1974. The intent of this act was to protect individuals applying for credit from facing discrimination based upon gender and marital status. In 1975, the act was amended several times to prohibit credit discrimination based on race, color, national origin, religion, and age. The prohibition...
[The entire page is 2287 words long]
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