Tackling Adverse Action Notices
Compliance expert explains what situations require dealers to send adverse action notices to consumers.
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Compliance expert explains what situations require dealers to send adverse action notices to consumers.
Learn how your dealership can handle adverse action notices, which are required by the Equal Credit Opportunity Act and the Fair Credit Reporting Act.
You’ll notice that, from time to time, I’ll devote a column to those pesky adverse action notice requirements. For those of you who may be thinking that I do this because it’s all the law I know, let me assure you that I have other talents as well.
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