The Equal Credit Opportunity Act allows creditors to deny credit on the basis of whether the applicant receives public assistance benefits.

Equal Credit Opportunity Act

A U.S. federal law aimed at ensuring fair access to credit for all individuals, prohibiting discrimination based on various factors.

Public Assistance Benefits

Governmental financial aid provided to individuals and families in need for basic living expenses, such as food and housing.

Creditors

Individuals or entities entitled to receive payment or repayment from a debtor, typically in relation to a financial loan or borrowings.