ECOA Notice of Action Taken

Posted By: TimeTrial

ECOA Notice of Action Taken - 10/11/11 06:47 PM

Commercial Credit. The credit is denied based solely on the business income. A guarantor's credit report with credit score was pulled. Does the Notice of Action Taken require the consumer reporting agency contacted section? Does the Notice of Action Taken require with the guarantor's credit score information and key factors section?
Posted By: MyScamper

Re: ECOA Notice of Action Taken - 10/11/11 09:24 PM

No and No. Not if you did not use the credit report in any way.