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#465706 - 12/05/05 06:38 PM FACT Act Disclosures
tanner Offline
New Poster
Joined: Dec 2005
Posts: 1
Are we required to deliver the Notice To Home Loan Applicant and the Credit Score Notice for Home Equity Line of Credit renewals?

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#465707 - 12/06/05 12:51 AM Re: FACT Act Disclosures
flaire Offline
100 Club
flaire
Joined: Sep 2005
Posts: 228
sw us
If you are pulling credit, yes.
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#465708 - 12/06/05 08:04 PM Re: FACT Act Disclosures
Bankster Offline
Gold Star
Joined: Aug 2004
Posts: 440
Midwest
If you use a credit score in your decision to renew, then yes, you would.
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It's karma, baby.

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#465709 - 12/06/05 08:25 PM Re: FACT Act Disclosures
Judy G Offline
Junior Member
Joined: Sep 2005
Posts: 40
Somewhere out there
If you pull a credit report and there is a score listed on that report IMO you are "using" it. So even if you don't consider the score directly when making your decision - if it's on the report then deliver the disclosure.

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