No, No, No. The FCRA disclosure is only to be provided when the credit report leads to the denial. Think about this. Poohie pulls my credit report. Everything is fine, but the bank denies for loan to value. I see the FCRA disclosure and go through the hassle to get a free copy of my credit report. I know that my credit is fine, but the disclosure says it led to the denial (READ IT!). I'm worried about ID Theft or incorrect reporting.
When I get my free copy, I see nothing wrong. Why?
Additionally, the CRA's must give out a FREE copy of the report. They have tried to straighten this out for years. I don't deserve a free copy and they shouldn't have to give me one.
The examiners in this part of the country site banks for over disclosure (appropriately so).