Department of Justice.
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The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) on Thursday issued a joint statement to remind financial institutions that all credit applicants, regardless of their immigration status, are protected from discrimination on the basis of their national origin, race and other characteristics covered by the Equal Credit Opportunity Act.
The federal agencies said they issued this statement because consumers have reported being allegedly rejected for credit cards as well as for auto, student, personal and equipment loans because of their immigration status, even when they have strong credit histories and ties to the United States and are otherwise qualified to receive the loans.
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