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#1487992 - 12/31/10 12:04 PM Maintaining Credit Information on Married Customer
Comply101 Offline
100 Club

Registered: 08/30/05
Posts: 223
What is this exam question trying to ascertain?

Description of institution’s procedures for maintaining credit information on married customers.

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Lending Compliance
#1487996 - 12/31/10 12:05 PM Re: Maintaining Credit Information on Married Customer [Re: Comply101]
Skittles Online
10K Club

Registered: 09/10/02
Posts: 12013
Loc: KY
To make sure you report both borrowers to the credit bureau so that they both get credit - not just the husband. It's a very old question and was used to determine descrimination.
_________________________
The price of discipline is always less than the pain of regret. –Nido Qubein

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#1488010 - 12/31/10 12:16 PM Re: Maintaining Credit Information on Married Customer [Re: Skittles]
Comply101 Offline
100 Club

Registered: 08/30/05
Posts: 223
Thank you!

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