#1493160 - 01/11/1105:45 PMReg B Clarification of Authorized User
Soccer
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section 202.6 b (6)(i) states that authorized user credit history should be included in the credit decision process. Do you count the debt or is it simply to determine the credit- worthiness of the consumer. My confusion is with the fact that they would not be contractually obligated to make the payment so why would this information be used.
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#1493190 - 01/11/1106:12 PMRe: Reg B Clarification of Authorized User RR Joker
Soccer
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That's how I read it also, but it could be a double edged sword. If the history is good then Great, but if it's bad and they aren't contractually obligated then Bad, Right??
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