Credit Discrimination: 6.5.3.1 Background
Regulation B attempts to assist two groups of women that historically have had problems with credit histories.246 First, the Equal Credit Opportunity Act (ECOA) gives special rights to applicants (primarily women—whether married, divorced, or widowed) who have not been able to reap the benefits of their good credit histories because their accounts were recorded in their spouses’ (husbands’) names.