Green Capital Financing is committed to upholding the principles of fair housing and equal opportunity for all individuals seeking housing and financial services. Our commitment to these principles is in strict accordance with the Federal, State, and Local Laws which prohibit discrimination based on race, color, religion, sex, disability, familial status, or national origin in the sale, rental, or financing of housing.
We actively support diverse and inclusive communities and strive to offer a wide range of housing options to meet the needs and preferences of all clients and customers. We are dedicated to providing exceptional service while promoting fairness, equality, and inclusivity in the housing market. Green Capital Financing welcomes all clients and customers, regardless of background or circumstances, and we are here to assist you in finding the financing solution that best meets your needs.
Here’s a condensed overview of major laws that safeguard consumers from discrimination in financing:
The Equal Credit Opportunity Act (ECOA)
Enacted in 1974, the ECOA prohibits discrimination in all aspects of credit transactions based on protected categories, including race, color, religion, national origin, sex, marital status, age, whether a person has children or dependents, and receipt of public assistance. Creditors are forbidden from denying, altering, or terminating credit based on these factors.
The Fair Housing Act (FHA)
Established in 1968, the FHA prohibits discrimination in housing based on race, color, religion, national origin, sex, familial status, and disability. It applies to all aspects of housing, including renting, buying, financing, and obtaining brokerage services.
The Truth in Lending Act (TILA)
Implemented in 1968, TILA mandates that lenders disclose all relevant credit terms, including interest rates, fees, and repayment schedules, to borrowers in a clear and understandable format. This empowers consumers to make informed decisions and compare credit offers effectively.
The Fair Debt Collection Practices Act (FDCPA)
Enacted in 1977, the FDCPA regulates debt collection practices to protect consumers from harassment, abusive tactics, and deceptive or unfair methods. It outlines permissible communication methods, prohibits false or misleading statements, and establishes limitations on debt collection efforts.
The Consumer Financial Protection Act (CFPA)
Created in 2010, the CFPA established the Consumer Financial Protection Bureau (CFPB) to oversee consumer financial products and services and enforce fair lending practices. The CFPA has broad authority to regulate credit card companies, banks, mortgage lenders, and other financial institutions.
State Laws
Numerous states have enacted their own laws that supplement or strengthen federal consumer protection statutes. These state laws may provide additional protections against discrimination in financing and offer consumers alternative avenues for seeking redress if they have been subjected to discriminatory practices.
Reporting Discrimination: If you believe you have experienced discrimination related to housing through Green Capital Financing, please contact us immediately. We take all complaints seriously and will investigate any alleged violations promptly and thoroughly.