Under the Equal Credit Opportunity Act, Creditors May Not Deny

question 30

True/False

Under the Equal Credit Opportunity Act, creditors may not deny credit on the basis of whether the applicant receives public assistance benefits.

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Definitions:

Global Customer Services

Customer support operations designed to cater to consumers worldwide, taking into account diverse languages, cultures, and time zones.

Cultural Intelligence

The capability to relate and work effectively across cultures, including understanding and adapting to cultural contexts.

Contextual Resilience

A leader’s ability to anticipate roadblocks and find better ways of doing things in a complex, cross-border environment.

Core Competencies

Fundamental strengths or unique advantages that a company possesses, enabling it to outperform competitors or deliver value to customers.