1 AAN Multiple Products

Posted By: JMillsaps

1 AAN Multiple Products - 09/15/22 04:19 PM

Can a creditor, send a single adverse action notice for two products? If the purpose is to provide the applicant with the "reason" why they received a decline, combining two products could cause some confusion, therefore I am inclined to say that it needs to be a notice for each product. That being said, what about if the reason is the same?