Equal Credit Opportunity Act - Prohibits discrimination by any creditor, card issuer or other person against any person on account of sex or marital status in connection with approval or denial of credit. Provides that any credit card issuer or other person who discriminates against any person on account of sex or marital status shall be civilly liable to the aggrieved person for money and punitive damages. Grants jurisdiction, concurrent with that of State courts, to Federal district courts to hear actions to enforce the liability created by this Act without regard to the amount in controversy.
Introduced in House
Introduced in House
Referred to House Committee on Banking and Currency.
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