Description
This course explains when, under Regulation B, creditors may request and collect information about a loan applicant’s characteristics, such as race, color, religion, national origin and sex, as well as the limitations on inquiries regarding marital status, spouse and source of income.
What You’ll Learn
After completing this course, students will be able to:
- Explain when creditors may request and collect information about a loan applicant’s characteristics
- Describe the limited circumstances in which creditors may request information about a loan applicant’s marital status, spouses and former spouses, and alimony and child support
