Refusing credit is unique bad-news message because The Fair Credit Reporting and Equal Credit Opportunity Acts require businesses to:
a. send a notice that they are declining the customer credit.
b. include the customer's credit score in the message denying credit
c. conduct a credit check on all loan applicants before denying credit.
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Home » Business » Refusing credit is unique bad-news message because The Fair Credit Reporting and Equal Credit Opportunity Acts require businesses to: a. send a notice that they are declining the customer credit. b.