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FCRA Notice Required for Increase Credit Denial?

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Question: 
Is an FCRA Notice required when denying a request for an increase in the amount of credit on an Overdraft Credit Line? The decision was based upon the customer not meeting the minimum credit score requirement to move to the next line size.
Answer: 

Yes and so is a Regulation B adverse action notice.

First published on 12/08/2014

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