Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)
Summary
This proposed rule would update federal lending guidelines to make sure small business loans are offered fairly to all borrowers, regardless of their race, color, religion, sex, or national origin. The Consumer Financial Protection Bureau is clarifying how banks and lenders must follow anti-discrimination laws when deciding whether to approve small business loans.
Key Points
- 1Lenders would need to follow stricter anti-discrimination rules when reviewing small business loan applications
- 2The rule aims to prevent unfair lending practices that could disadvantage certain groups of borrowers
- 3Small business owners and entrepreneurs could have better access to fair lending opportunities
- 4Banks and financial institutions would need to update their lending practices to comply with the new requirements
- 5The public can submit comments about this proposed rule until December 16, 2025
Key Dates
November 13, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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