Untitled reading quiz

What year was the Equal Credit Opportunity Act signed into law?

• 2004

• 1994

• 1984

• 1974

Who signed the Equal Credit Opportunity Act into law?

• President Jimmy Carter

• President Ronald Reagan

• President Richard Nixon

• President Gerald Ford

What does the Equal Credit Opportunity Act prevent?

• No credit checks for loans

• Higher interest rates for all

• Free credit cards for everyone

• Discrimination in credit based on race and gender

Which group was affected by credit discrimination before the Act?

• Everyone equally

• Only men

• Women and minorities

• Only children

What is one benefit of the Equal Credit Opportunity Act?

• Fair access to credit for all

• Free money for everyone

• No need to repay loans

• Unlimited credit cards