To accomplish these goals, the CFPB will assess whether nonbanks are conducting their businesses in compliance with federal consumer financial laws, such as the Truth in Lending Act and the Equal Credit Opportunity Act.

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In a ruling last week, Judge Christopher A. Boyko of the U.S. District Court for the Northern District of Ohio agreed with Citigroup that Brinson had cited the wrong laws in her complaint, but concluded that she has a case under the Equal Credit Opportunity Act, which prohibits creditor-on-debtor discrimination based on race, age, marital status and the like.

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