12 CFR § 1002.103 - Covered applications.
---
identifier: "/us/cfr/t12/s1002.103"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1002.103 - Covered applications."
title_number: 12
title_name: "Banks and Banking"
section_number: "1002.103"
section_name: "Covered applications."
chapter_name: "CONSUMER FINANCIAL PROTECTION BUREAU"
part_number: "1002"
part_name: "EQUAL CREDIT OPPORTUNITY ACT (REGULATION B)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 5512, 5581; 15 U.S.C. 1691b. Subpart B is also issued under 15 U.S.C. 1691c-2."
regulatory_source: "76 FR 79445, Dec. 21, 2011, unless otherwise noted."
cfr_part: "1002"
---
# 1002.103 Covered applications.
(a) *Covered application.* Except as provided in paragraph (b) of this section, covered application means an oral or written request for a covered credit transaction that is made in accordance with procedures used by a financial institution for the type of credit requested.
(b) *Circumstances that are not covered applications.* A covered application does not include:
(1) Reevaluation, extension, or renewal requests on an existing business credit account, unless the request seeks additional credit amounts.
(2) Inquiries and prequalification requests.