Business Loans

Posted By: Anonymous

Business Loans - 07/27/10 04:29 PM

Our loan software does not provide the privacy notice, notice of negative information or errors in omissions on business loans. Are these a requirements on business loans?
Posted By: Doug Hendrickson

Re: Business Loans - 07/27/10 04:48 PM

I'm not sure about the other docs, but the privacy notice is not required for business loans. Our loan origination software produces the privacy notice when required based on the loan type.