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Credit Denial Form
Answer by Dan Persfull, BOL Guru
Guru Bios
Question: How many business days do we have to mail out a credit denial form on a consumer loan?
Answer: Review Reg B's 202.9 and its Official Staff Interpretations. Be careful: the requirements there are stated in terms of calendar days, not business days.
First published on BankersOnline.com 5/05/08
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