Credit Discrimination

Maximize Consumer Claims Using Discrimination Statutes

A detailed examination of the federal and state discrimination laws that have a powerful application in maximizing claims in consumer cases: the Equal Credit Opportunity Act (ECOA), Fair Housing Act, the Civil Rights Act, state discrimination statutes, the Home Mortgage Disclosure Act (HMDA), and the Community Reinvestment Act (CRA).

Key Violations to Target:                                   

• Predatory Lending: Reverse redlining and discriminatory pricing.
• Credit Bias: Illegal spousal co-signing requirements and application or evaluation discrimination.
• Compliance Failures: Violations of notice, credit reporting, and record retention rules.

Powerful Remedies Available:

• Punitive, actual, and consequential damages (including pain and suffering).
• Injunctive relief and recovered attorney fees.