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Value Loan Company Extends Credit to Consumers

Question 35

Multiple Choice

Value Loan Company extends credit to consumers. Value Loan applies a variety of requirements to determine applicants' qualifications for credit, the amount, the interest rate, and other terms. Under the Equal Credit Opportunity Act, the lender cannot base its credit decisions on an applicant's


A) credibility.
B) financial awareness.
C) occupation.
D) gender.

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