This is in the Infovault dated 7/11. Is is still good advice? Thanks.
Question: Can adverse action notices be sent electronically?
Answer: Notices of Adverse Action under Regulation B's §202.9 must be in writing if the applicant is a consumer. If and only if the creditor and the applicant have jumped through the hoops required by the E-SIGN Act with respect to such notices can the creditor send the notice electronically.
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Opinions are mine not my employer's, and should not be taken as legal advice.