Notice of Credit Denial

Are you informed about adverse action?

Under Regulation B of the Equal Credit Opportunity Act, creditors are required to provide consumers with a notification of adverse action when credit is denied, even if the financial institution sends a separate credit denial notification. As a creditor under this act, your dealership must deliver a notice to consumers that are denied credit.

Meet the adverse action notification requirements with the Notice of Credit Denial document from Reynolds and Reynolds.

The document includes language alerting the consumer of the adverse action, explaining the right to request a statement of reasons for credit denial within 60 days of receiving the notification.

Reduce the risk associated with failing to notify consumers of adverse action by ordering the Notice of Credit Denial document today.

Notice of Credit Denial Flyer 

Contact your Reynolds Document Consultant directly, or call 800.344.0996.