Equal Credit Opportunity Act. If the Guarantor is not an “applicant for credit” under Section 202.2 (e) of the Equal Credit Opportunity Act of 1974 (“ECOA”), the Guarantor acknowledges that (i) this Guaranty has been executed to provide credit support for the Obligations, and (ii) the Guarantor was not required to execute this Guaranty in violation of Section 202.7(d) of the ECOA.
Equal Credit Opportunity Act. The Allocatee shall provide its products and services in a manner that is consistent with the Equal Credit Opportunity Act (15 U.S.C. § 1691), to the extent that the Allocatee is subject to the requirements of such Act.
Equal Credit Opportunity Act. In accordance with Title V of Public Law 93-495, the Equal Credit Opportunity Act, with respect to any aspect of a credit transaction, neither the Lender nor the USDA will discriminate against any applicant on the basis of race, color, religion, national origin, sex, marital status or age (providing the applicant has the capacity to contract), or because all or part of the applicant’s income derives from a public assistance program, or because the applicant has, in good faith, exercised any right under the Consumer Protection Act. If applicable to the Loan, the Lender will comply with the requirements of the Equal Credit Opportunity Act as contained in the Federal Reserve Board’s Regulation implementing that Act (see 12 CFR part 202). Such compliance will be accomplished prior to loan closing.
Equal Credit Opportunity Act. The Recipient shall provide its products and services in a manner that is consistent with the Equal Credit Opportunity Act (ECOA; 15 U.S.C. § 1691 et seq), to the extent that the Recipient is subject to the requirements of ECOA. Provided however, pursuant to Section 523(d) of the Authorizing Statute, (1) a Recipient subject to the requirements of ECOA may collect data described in section 701(a)(1) of ECOA (15 U.S.C. §1691(a)(1)) from borrowers and applicants for credit for the sole purpose and exclusive use to ensure that Targeted Populations and Low-Income residents of Investment Areas are adequately served; and (2) Recipients that collect the data described in (1) shall not be subject to adverse action related to that collection by the Bureau of Consumer Financial Protection or any other Federal agency.
Equal Credit Opportunity Act. The Recipient shall provide its products and services in a manner that is consistent with the Equal Credit Opportunity Act (15 U.S.C. § 1691), to the extent that the Recipient is subject to the requirements of ECOA.
Equal Credit Opportunity Act. We are in compliance with the Equal Credit Opportunity Act and do not discriminate with respect to the extension of credit against an applicant on the basis of sex, race, color, creed, national origin, age or marital status.
Equal Credit Opportunity Act. 17. The Parties to this Agreement agree to abide by the Equal Credit Opportunity Act and shall not adversely consider any loan application under this Agreement based on an applicant’s race, national origin, religion or creed.
Equal Credit Opportunity Act. Origination Observe the non-financial requirements for the Receivable in Ford Credit’s receivables systems and confirm any comments do not conflict with the prohibited practices described in the applicable Ford Credit procedure. Test 3.3(h) — 10: State Disclosures; Contract Form Observe the Contract and confirm it was completed electronically or, if Representation and Warranty (Section references are to the Receivables Purchase Agreement) Tests completed on paper, confirm the form number and revision date on the Contract are on the List of Approved Contract Forms. Test 3.3(h) — 11: State Disclosures; Contract Complete Observe the Contract, taking into account any Amendments, and confirm all lines on the Contract are completed or properly left blank. Test 3.3(h) — 12: State Specific Underwriting Requirements Observe the state in the address of the Dealer on the Contract. If the state is listed below, perform the tests for the specific state. California California -1 — Used Vehicle Exception Observe the Contract and confirm the Financed Vehicle is not identified as “used” or, if so, confirm Ford Credit’s receivables systems does not indicate the Financed Vehicle is “new”, or, if the Financed Vehicle is identified as “used” on the Contract and “new” in Ford Credit’s receivables systems, confirm a completed and signed “California Used Vehicle Exception” form is in the Receivable File. California — 2 — Cancellation Option Observe the Contract and confirm the Financed Vehicle is not identified as “used” with a cash price of less than $40,000 and was purchased for personal use or, if so, confirm a completed and signed contract cancellation option agreement is in the Receivable File. California — 3 - Translation Confirm there is no receipt of translation form or a translated Contract in the Receivable File or, if so, confirm the receipt of translation form is signed or the translated Contract is completed. Illinois Confirm there is no translation acknowledgment form in the Receivable File or, if so, confirm it is completed and signed. Kansas Observe the Contract and confirm that no credit insurance was purchased or, if so, confirm the “Credit Insurance Premium Refund Notice” is in the Receivable File and the date of the form is within ten days of the Contract purchase date. Louisiana Observe the Contract and confirm that no GAP product was purchased or, if so, confirm a completed and signed “GAP Coverage Disclosure Form” is in the Receivable File. Massachusetts Ob...
Equal Credit Opportunity Act. The Federal Equal Credit Opportunity Act and similar state laws prohibit creditors from discriminating against credit applicant on the basis of race, color, religion, national origin, sex, sexual orientation, marital status, familial status, age, because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.
Equal Credit Opportunity Act. Origination Observe the non-financial requirements for the Receivable in Ford Credit’s receivables systems and confirm any comments do not conflict with the prohibited practices described in the applicable Ford Credit procedure. Test 3.3(h) — 10: State Disclosures; Contract Form Observe the Contract and confirm it was completed electronically or, if Representation and Warranty (Section references are to the Receivables Purchase Agreement) Tests
