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Get the free Revised Regulation B -- Equal Credit Opportunity, Circular No. 77-18 - fraser stloui...

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F ed her an l R ever v e Ba n k o f Dallas. TEX A S75222C i r c u la r No. 7718 F e b r u an r y 1, 1977RE V IS E D REG U LA TO N B EQUAL C R E D IT O P P O R T U N IT YT O A L L B A N K S, O T H
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Revised Regulation B governs certain types of credit reports and is designed to protect consumers from discrimination in the financial industry.
Financial institutions and other creditors are required to comply with Revised Regulation B.
Revised Regulation B can be filled out by collecting the necessary information about the applicant and following the guidelines provided by the Consumer Financial Protection Bureau.
The purpose of Revised Regulation B is to promote fairness in lending and prevent discrimination based on factors such as race, gender, and age.
Revised Regulation B requires creditors to collect and report information about the applicant's personal characteristics, credit history, and loan application details.
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