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#1487992 - 12/31/10 05:04 PM Maintaining Credit Information on Married Customer
Comply101 Offline
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Joined: Aug 2005
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 05:05 PM Re: Maintaining Credit Information on Married Customer Comply101
Skittles Online
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Skittles
Joined: Sep 2002
Posts: 13,965
TN
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.
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#1488010 - 12/31/10 05:16 PM Re: Maintaining Credit Information on Married Customer Skittles
Comply101 Offline
100 Club
Joined: Aug 2005
Posts: 223
Thank you!

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