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Sample "Before" Adverse Action Letter Form

Sample "Before" Adverse Action Letter Form

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Instructions and help about Sample "Before" Adverse Action Letter

[Music] thank you [Music] I want to go back to adverse action and  Commercial applicants so when it comes to   commercial applicants we did the Reg. B stuff  earlier on today so you can treat them the same   as consumer that's the path of least resistance  that's what I'm going to recommend when somebody   applies whether a consumer or a commercial or  an agricultural customer if we say no they get   the same they get an adverse action of the same  thing goes to everyone we put the reasons on it   or we give them a right to their reasons I would  not recommend splitting hairs with the whole gross   annual revenue thing but you certainly can if you  want it's outlined in the book and here it is kind   of in a summary form from an fcra standpoint  let's look at the middle of page 37 letter b   a consumer report is a consumer report just  because you're doing a commercial transaction   doesn't mean it&#

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