CFPB Issues Interpretive Rule Clarifying that Sex Discrimination under ECOA and Regulation B Includes Sexual Orientation and Gender Identity Discrimination
CFPB Monitor
MARCH 16, 2021
This letter marked a major victory for SAGE and other LGBTQ+ advocates, who claimed that their community faced discrimination from lenders for many years. Also, over 20 state laws and the District of Columbia already prohibit discrimination in credit transactions on the basis of sexual orientation or sexual identity.
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