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#1707962 - 06/07/12 03:52 PM Consumer Loan App
BankerChic24 Offline
Junior Member
Joined: Jul 2011
Posts: 45
Two individuals filled out an application for joint credit, but only the primary applicant ended up being on the loan. Do we need to send an adverse action to the co-applicant?
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Lending Compliance
#1708032 - 06/07/12 04:41 PM Re: Consumer Loan App BankerChic24
swiggles Offline
Power Poster
Joined: Aug 2001
Posts: 7,333
What happened to the co-applicant? If the co-applicant withdrew, no AAN. If he/she was denied, yes....AAN.
The more you sweat in training, the less you bleed in battle.......

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