Financing arrangements for franchisees, whether obtained directly from a franchisor or from third-party finance companies, are classified as "credit" and "business credit" under the Equal Credit Opportunity Act (ECOA) and Regulation B.

Authors

• Person: Not available Organization: Consumer Financial Protection Bureau
  Fair Lending Report of the Consumer Financial Protection Bureau

Sources

• Fair Lending Report of the Consumer Financial Protection Bureau www.federalregister.gov Consumer Financial Protection Bureau via serper

Referenced by nodes (2)

• Equal Credit Opportunity Act concept
• Regulation B concept