What Laws Apply?
The following laws can help you start your credit history and keep your
Equal Credit Opportunity Act (ECOA) ensures that all consumers are
given an equal chance to obtain credit. This doesnt mean all consumers
who apply for credit get it: Factors such as income, expenses, debt, and
credit history are considerations for creditworthiness.
Fair Credit Reporting Act sets up a procedure for correcting mistakes
on your credit record.