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Regulation B - Equal Credit Opportunity

[Click HERE for table of Federal Register documents affecting this Regulation.]

NOTE: Under the provisions of the Dodd-Frank Act, this regulation was republished by the Consumer Financial Protection Bureau effective 12/30/2011 at 12 CFR Part 1002 The pages for the Federal Reserve regulation 12 CFR Part 202 appear here only as a historic reference. They are not maintained, and should not be relied upon as current requirements. Click the link to the CFPB regulation for the current rule.

Section 202.1 - Authority, scope and purpose
Section 202.2 - Definitions
Section 202.3 - Limited exceptions for certain classes of transactions
Section 202.4 - General rules
Section 202.5 - Rules concerning requests for information.
Section 202.6 - Rules concerning evaluation of applications.
Section 202.7 - Rules concerning extensions of credit.
Section 202.8 - Special purpose credit programs.
Section 202.9 - Notifications.
Section 202.10 - Furnishing of credit information.
Section 202.11 - Relation to state law.
Section 202.12 - Record retention.
Section 202.13 - Information for monitoring purposes.
Section 202.14 - Rules on providing appraisal reports.
Section 202.15 - Incentives for self-testing and self-correction.
Section 202.16 - Enforcement, penalties and liabilities.
Section 202.17 -Data collection for credit applications by women-owned, minority-owned, or small businesses.

Appendix A - Federal Enforcement Agencies

Appendix B - Model Application Forms

Appendix C - Sample Notification Forms

Appendix D - Issuance of Staff Interpretations

Supplement I to Part 202--Official Staff Interpretations


Recent Federal Register Documents Affecting this Regulation
FR Citation Date Status Comments
76 FR 59237 9/26/11 Final; effective 9/26/11 Adds § 202.17 to clarify that motor vehicle dealers remain exempt from requirements of § 704B of ECOA (added by Dodd-Frank Act) to collect and report info concerning applications made by women- or minority-owned business and by small businesses until the effective date of final rules issued by the Board implementing those requirements.
76 FR 41590 7/15/11 Final; effective 8/15/11 Amends certain model notices which combine adverse action notice requirements for Reg B and the FCRA, to reflect new credit score disclosure requirements added by § 1100F of the Dodd-Frank Act. The FCRA amendments are effective 7/21/11.
76 FR 36885 6/20/11 Proposal; Comments by 7/29/11 Would clarify that motor vehicle dealers will not have to comply with data collection requirements of ECOA §704B (added by Dodd-Frank Act) until FRB issues final regulations under that section. DFA prohibits the Bureau from writing rules under ECOA affecting motor vehicle dealers.
76 FR 31451 6/1/11 Final Updates the address for the FDIC in Appendix A, effective 7/1/11. Compliance is optional until 5/31/12.
76 FR 13896 3/15/11 Proposal; Finalized 7/15/11 Would revise model notices C-1 through C-5 to comply with additional content requirements of § 1100F of Dodd-Frank Act amendment to FCRA (disclosure of credit score and information on credit scores when score is used taking any adverse action).

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