(1) It shall be an unlawful practice for any person, whether acting for himself or another, in connection with any credit transaction because of race, color, religion, national origin or sex to:
(a) deny credit to any person;
(b) increase the charges or fees for or collateral required to secure any credit extended to any person;
(c) restrict the amount or use of credit extended or impose different terms or conditions with respect to the credit extended to any person or any item or service related thereto;
(d) attempt to do any of the unlawful practices defined in this section.
(2) The provisions of this section shall not prohibit any party to a credit transaction from considering the credit history of any individual applicant.
(3) The provisions of this section shall not prohibit any party to a credit transaction from considering the application of Kentucky law on dower, curtesy, descent and distribution to the particular case or from taking reasonable action thereon.