Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Your buyer clients, the Thompsons, told you about a problem they ran into with the lender that handled their mortgage. The Thompsons, who are African American, were given less favorable loan terms than a white couple they know who used the same lender. You know the Thompsons have excellent credit. Which act should you make them aware of

Sagot :

Based on the information given, the act that they should be aware of is the equal credit opportunity act.

What is the equal credit opportunity act?

The equal credit opportunity act is an act that makes it unlawful to discriminate against an applicant on the basis of race, religion, marital status, etc.

Based on the information given, the Thompsons, who are African American, were given less favorable loan terms than a white couple they know who used the same lender. Therefore, it is important for them to be aware of the equal credit opportunity act.

Learn more about the equal credit opportunity act on:

https://brainly.com/question/1290978

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.