Fair Lending for Marketers
Course Number: ABA
Course Code: ABA
The two federal fair lending laws, the Equal Credit Opportunity Act and the Fair Housing Act, are designed to protect consumers from certain discriminatory lending practices. And there are implications not only for credit decisions, but also for credit advertisements. This course is designed to assist bank marketing professionals in promoting and advertising credit products compliant to fair lending laws, and will explain the basics and underlying principles of the laws as well as the specific advertising requirements.
What You’ll Learn
After completing this course, students will be able to:
- Describe the tenets of the Equal Credit Opportunity Act and Regulation B
- Explain the underlying principles and advertising requirements of the Fair Housing Act
- Describe the different types of discriminatory practices
Audience: Bank marketing professionals responsible for credit advertisements and bank personnel who have customer contact.