If a consumer is denied based on "excessive obligations in relations to income" would the key factors be listed?

Would we even send an adverse notice for this reason? Since the reason isn't due to their score, would we send a different letter stating excessive obligation?

Is your consumer underwriting decision based strictly on credit score?

We have a matrix we follow with the credit score...if it's to the lower side secured or unsecured then we would do DTI.

We do send the notice with the denial reasons when we decline for excessive obligations based on the fact that we used the credit report to determine the level of obligations. If you use the credit report in any way in your decision, you must report the reasons for denial.