We do not offer credit insurance on our loans, and we have a Credit Insurance Disclosure indicating; A) I am not eligible for credit insurance B) Credit insurance is not available from lender C) If I am eligible and credit insurance is available from lender, I do not want it.
I think we are disclosing correct, maybe more than is needed. Our head of lending believes that we may not be disclosing enough.
Since we don't offer credit insurance, are we disclosing properly?