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CFPB, DOJ jointly address credit denials based on immigration status
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Consumer Protection
Friday, November 3, 2023
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Citing
instances where consumers were denied credit over their immigration status, the
Consumer Financial Protection Bureau and the Department of Justice issued a
joint statement reminding financial institutions of legal statutes barring
discrimination against credit applicants based on their national origin, race
or any other characteristics protected by the Equal Credit Opportunity Act.
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