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LAWDOG Equal Credit Opportunity Act: Definitions & Exceptions


Applicant
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Section 202.2. Definitions.

For the purposes of this regulation, unless the context indicates otherwise, the following definitions apply.

(e) Applicant means any person who requests or who has received an extension of credit from a creditor, and includes any person who is or may become contractually liable regarding an extension of credit. For purposes of Section 202.7(d), the term includes guarantors, sureties, endorsers and similar parties.



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