Skip to content

Model FCRA Notice Language Sought

Answered by: 

Question: 
I am trying to find a sample of a risk based credit pricing notice to notify consumers if credit terms are materially less favorable than the most favorable terms available to a substantial portion of lenders new customers (to comply with the FACT ACT).
Answer: 

The final regulation for section 311 has not been issued. Model language will be provided then. You do do not need to comply with section 311 until the final regulations are issued.

First published on BankersOnline.com 1/17/05

First published on 01/17/2005

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics