Which act makes credit available without discrimination based on race or other factors?

The Equal Credit Opportunity Act is designed specifically to ensure that all individuals have access to credit without facing discrimination based on personal characteristics such as race, color, religion, national origin, sex, marital status, age, or because they receive public assistance. This act aims to promote fairness in lending practices, ensuring that decisions regarding credit are made based on an individual's creditworthiness rather than discriminatory factors.

While the Fair Housing Act does address discrimination but primarily focuses on housing-related issues, such as the rental and sale of housing, the Equal Credit Opportunity Act takes a broader approach, directly targeting the credit market. Regulation Z, on the other hand, deals with the disclosure of credit terms and conditions and does not specifically aim to prohibit discrimination in credit applications. The Civil Rights Act of 1968, also known as the Fair Housing Act, encompasses housing discrimination but does not specifically target credit availability. Therefore, the Equal Credit Opportunity Act is the most relevant legislation that directly relates to making credit available without discrimination based on various personal attributes.