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The denominator of the two "ability-to-pay ratios, gross income, is very complex, and sensitive to interpretations of what is allowable. This led the Congress to enact a law to prevent bias in determining allowable income. That law, by initials is

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As a result of the "ability-to-pay ratios" having a complex denominator, Congress passed the ECOA.

What is the ECOA?

The Equal Credit Opportunity Act (ECOA) is a federal act that came into force in 1974 to stop discrimination by creditors and credit-issuing organizations.

The Act meant that creditors would stop interpreting the denominator of ability to pay ratios in such a way that it denied credit to people based on demographic characteristics such as race and color.

Find out more on the Equal Credit Opportunity Act at https://brainly.com/question/3380081.

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