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by irjustin
1683 days ago
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Please link a source for this one. Look, this is a great practice for sure, but we're in the realm of legal now. I looked briefly[0] and couldn't find anything that explicitly that's what you need to do when describing options. The only requirement that I can see they are *required* to do: > furnishes negative information to such an agency regarding credit extended to a
customer, the financial institution shall provide a notice of
such furnishing of negative information, in writing, to the
customer. And it needs to be 30 days. As far as I can tell, this is in good standing FCRA wise. https://www.consumer.ftc.gov/articles/pdf-0111-fair-credit-r... |
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You fundamentally misunderstand what I was saying. I was not claiming that they were violating a legal requirement, just that they are behaving unethically, and if the rules allow this then new rules are needed.