If a credit application is rejected, the creditor must give you the specific reasons or tell you how you can obtain your credit results if you ask within how many days?

QUESTION POSTED AT 29/05/2020 - 02:14 PM

Answered by admin AT 29/05/2020 - 02:14 PM

the creditor must give you the specific reasons or tell you how you can obtain your credit results if you ask within 60 days

Accepted reason for this rejection could only be based on your financial situation and not your race/gender. Such as: you don't have enough income, you are not employed, you have too much debt, etc
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