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7 It was in this context that Congress passed the Equal Credit Opportunity Act in 1974, prohibiting discrimination based on sex and marital status, and subsequently amended it in 1976 3 For a more detailed discussion of modern credit scoring models, see Mester (1997).
After a 3 month holdout a settlement was met where women were offered up to 90% of their male counterparts. Impact of the Equal Pay Act of 1963. One year after passing the Equal Pay Act, Congress passed the 1964 Civil Rights Act.Title VII of this act, makes it unlawful to discriminate based on a personâs race, religion, color, or sex.he Equal Pay Act of 1963 was a federal law aimed at abolishing wage discrimination in the work force based on gender classifications. It was signed into law by President John Kennedy on June 10, 1963.