A lender denies a mortgage application partly because of information in the applicant's credit report. Under the Fair Credit Reporting Act, the lender must provide the applicant with:

Giải thích

FCRA requires an adverse action notice when a credit report contributes to a denial or less favorable terms; it must identify the consumer reporting agency and inform the applicant of the right to a free report and to dispute inaccuracies. The lender need not disclose underwriting guidelines, refund fees, or generate its own report. This works alongside ECOA's adverse action requirements.