9(a) Notification out of step removed, ECOA notice, and you can declaration from specific factors
step 1. Utilization of the name bad action. The new controls does not require one a collector make use of the label negative step inside the interacting in order to a candidate you to definitely a request for an extension from credit wasn’t acknowledged. In the notifying a candidate of unfavorable action because discussed from the 1002.2(c)(1), a creditor can use one terms otherwise sentences one identify brand new step started the program.
Feedback for 1002.nine – Announcements
dos. Expressly taken software.