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AA Notice if Deny Applicant for Delinquent Credit?

Answered by: 

Question: 
In an indirect lending situation if you decline an applicant for delinquent credit and the same day the application comes back in with no changes other than the collateral is a subsequent adverse action notice needed?
Answer: 

Two applications for credit, two denial notices.

First published on BankersOnline.com 1/28/13

First published on 01/28/2013

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