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What are my rights as a servicemember under the Equal Credit Opportunity Act? Can a creditor refuse to extend credit to me just because I’m a servicemember?

  • Listed: August 12, 2022 1:48 pm
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What are my rights as a servicemember under the Equal Credit Opportunity Act? Can a creditor refuse to extend credit to me just because I’m a servicemember?

It depends. Service in the military—whether current or prior service—is not a protected class under the Equal Credit Opportunity Act (ECOA).

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