Regulation B: What Is the Equal Credit Opportunity Act?

Created by: HSI - Health & Safety Institute Top Author
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Last Updated 11/2022
English
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What you'll learn

Explain what the Equal Credit Opportunity Act prohibits
Identify the protected bases on which creditors may not discriminate
Describe how Regulation B implements the Act's requirements

Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

The Equal Credit Opportunity Act, implemented by Regulation B, bars creditors from discriminating against applicants on prohibited grounds. This course explains the rules.

What this course covers:

  • The nine prohibited bases for credit discrimination
  • What Regulation B forbids in lending
  • Rules for taking and evaluating applications
  • Consumer rights under Regulation B

Designed for lenders, loan officers, and financial compliance teams.

System Requirements

See System Requirements in the Coggno Knowledge Base

Frequently Asked Questions

This course is designed for employees who need to complete Regulation B: What Is the Equal Credit Opportunity Act? training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 8 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.