Credit Discrimination: 4.4.1 The Consumer’s Own Records
The plaintiff should possess certain information useful for a credit discrimination case. The first item to check for is whether the plaintiff received a notice of action taken by the creditor and whether this notice is in the proper format.172 The Equal Credit Opportunity Act (ECOA) requires that creditors provide notice of an adverse action, generally in writing.173 The notice must either state the reason for the action taken or give the applicant the right to request the reason.