### Question
How does the law define fair lending?


### Answer
Under *12 U.S.C. § 5481*, **fair lending** is defined as:

> fair, equitable, and nondiscriminatory access to credit for consumers

#### Citation:
  - *12 U.S.C. § 5481*
  - Heading: **CHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER V-BUREAU OF CONSUMER FINANCIAL PROTECTION**

