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12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B)

Regulation B protects applicants from discrimination in any aspect of a credit transaction.

In light of court orders in ongoing litigation, the CFPB plans to issue an interim final rule to extend the compliance dates of the small business lending rule.
This version is not the current regulation.

You are viewing a previous version of this regulation with amendments that went into effect on Aug. 29, 2023.

Credit transactions and aspects of credit transactions include:

  • Consumer credit
  • Business credit
  • Mortgage loans
  • Refinancing
  • Open-end credit
  • Credit applications
  • Standards of creditworthiness
  • Denial of credit
  • Servicing and collection
  • Revocation, alteration, or termination of credit

The regulation covers topics such as:

  • Discrimination
  • Discouragement
  • Notification of action taken (including adverse action)
  • Appraisal and other written valuations
  • Special purpose credit programs
  • Limitation on collection of certain protected information
  • Self-testing and self-correction
  • Evaluation of applications
  • Signature requirements
  • Mandatory information collection for monitoring purposes