jan 1, 1974 - Equal Credit Opportunity Act of 1974 - Prohibits creditors from discriminating against any applicant regarding any aspect of a credit transaction (loan, credit card) —> credit decisions be based on financial factors like income, debt, and credit history, NOT personal characteristics - women dont need men to cosign when apply for credit card
Added to timeline:
Date:
jan 1, 1974
Now
~ 52 years ago