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Definition of

ECOA

Finance abbr

US law ensuring equal treatment for borrowers Equal Credit Opportunity Act: in the United States, a federal law that gives all consumers an equal opportunity to obtain credit by requiring creditors to follow specific rules regarding the information they can obtain from applicants.

Definitions of ’ECOA’ and meaning of ’ECOA’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’ECOA’ and other financial terms with our online QFINANCE Financial Dictionary.

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