ECOA to the rescue!
By nskutley, Updated
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My house is too far away! I need a car, maybe I should get a loan.
Oh look a bank!
Hello, my name is Mr. Oldguy and I would like a loan for a car.
Welcome to this awesome bank! Lets talk and you can tell me your qualifications for getting this loan.
... and that's why I've always had great credit. Oh and I've always payed my loans back.
Well that's great, but we can't give it to you because your too old.
That's ridiculous! According to ECOA you me being old can't affect you giving me a loan!
Oh I'm sorry sir I think that was just a mistake. You qualify for the loan!
Hurrah! I don't have to walk everywhere now!
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