Question

DrakeAuto Corp. is an automobile dealer that offers flexible payment plans for its customers. However, DrakeAuto requires its customers over 60 years of age to make the payment in full. In this case, DrakeAuto violates the_______.

Answer 1

Equal Credit Opportunity Act

Step-by-step explanation:

Equal Credit Opportunity Act prohibits discrimination against credit applicants, among other reasons, because of their age.

While the person granting the credit may request extra personal information, they cannot use that information to decide whether they will grant credit or to establish the terms of their credit.