The Equal Credit Opportunity Act prohibits which of the following? a. Basing the credit decision on unemployment. b. Basing the credit decision on the fact that the applicant was in prison for a felony three years ago. c. Basing the credit decision on the receipt of public assistance income. d. Basing the credit decision on a bankruptcy of five years ago.

(C). Basing the credit decision on the receipt of public assistance income.

Explanation:

According to the Equal Credit Opportunity Act, applicants who have the capacity to contract are eligible to apply for credit and should not be discriminated against by any creditor.

The act prohibits the creditor from refusing to grant credit on the basis of age, religion, race, sex, marital status, or whether the applicant receives public assistance income.