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#2232453 - 03/05/20 06:37 PM Consumer Credit Score Dislcosure - Adverse Action
JaimeM Offline
Junior Member
Joined: Nov 2007
Posts: 41
Should the Credit Score Disclosure be included on an Adverse Action when the reason for denial is "Excessive Obligations in Relation to Income"??

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Lending Compliance
#2232456 - 03/05/20 06:42 PM Re: Consumer Credit Score Dislcosure - Adverse Action JaimeM
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
If you used the credit report to determine the consumer's obligations - yes.

If any person takes any adverse action with respect to any consumer that is based in whole or in part on any information contained in a consumer report,
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