The ECOA mandates that a patient be notified about which of the following factors if they are denied credit?

The ECOA, or Equal Credit Opportunity Act, requires that consumers be informed about specific reasons for credit denial to ensure fairness and transparency in lending practices. When a patient is denied credit, it is crucial for them to understand what contributed to the decision. Credit history is the primary factor that the ECOA mandates lenders notify individuals about in the event of a credit denial. This information helps consumers understand their financial standing and the impact of their past credit behavior on current lending decisions.

While income level, debt-to-income ratio, and employment status are also relevant factors in the credit evaluation process and can influence a lender's decision, they are not specifically mandated under the ECOA for disclosure upon a credit denial. The focus of the ECOA is to prevent discrimination and promote informed decision-making, primarily through transparency about credit history.