 Credit Check Denial Ltr (by Jason [NY]) Mar 21, 2024 10:25 PM
 Credit Check Denial Ltr (by Ray-N-Pa [PA]) Mar 22, 2024 6:34 AM
Credit Check Denial Ltr (by Still Learning [NH]) Mar 22, 2024 7:21 AM
Credit Check Denial Ltr (by plenty [MO]) Mar 22, 2024 8:28 AM
Credit Check Denial Ltr (by DJ [VA]) Mar 22, 2024 9:45 AM
Credit Check Denial Ltr (by Just Tim [AR]) Mar 22, 2024 9:52 AM
Credit Check Denial Ltr (by Robert,OntarioCanada [ON]) Mar 22, 2024 11:59 AM
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Credit Check Denial Ltr (by Jason [NY]) Posted on: Mar 21, 2024 10:25 PM
Message:
I have a boyfriend and girlfriend who filled out a rental application. I ran credit and the boyfriend's credit is great, the girlfriend's check is bad - current past due amounts owed, collections, 30, 60, and 90 day lates and credit score in the low 600's.
My question is do I need to send a compliant FCRA Denial letter to both parties, even though the boyfriend's credit is great. Or do i just send the credit dential letter to the girlfriend?
Thanks,
Jason
--45.47.xxx.xxx |
Credit Check Denial Ltr (by Ray-N-Pa [PA]) Posted on: Mar 22, 2024 6:34 AM
Message:
They applied together so they should get accepted or denied together. --24.101.xxx.xxx |
Credit Check Denial Ltr (by Still Learning [NH]) Posted on: Mar 22, 2024 7:21 AM
Message:
I had that happen with a group of 3 once. I only sent the credit denial letter to the person with the credit issues. I can’t remember how I phrased it but probably along the lines of there was at least one item that didn’t pass our criteria. If questioned I would probably say if they feel comfortable they might want to pull their credit reports and take a look at them together. --73.159.xxx.xx |
Credit Check Denial Ltr (by plenty [MO]) Posted on: Mar 22, 2024 8:28 AM
Message:
For a lower end place I might consider actually renting to them. Yes send letter to her about denying based on credit report. For him based on application not being approved. --172.59.xxx.xx |
Credit Check Denial Ltr (by DJ [VA]) Posted on: Mar 22, 2024 9:45 AM
Message:
Was it a joint application? meaning their information was all submitted on the same form? Then send it addressed to them both.
OR
Did they each complete their own applications & pay their own fees? Then send it just to the one who failed. Maybe they "should" know about each others finances, if they are living together, but maybe they don't. Leave it up to them to share. --68.229.xxx.xxx |
Credit Check Denial Ltr (by Just Tim [AR]) Posted on: Mar 22, 2024 9:52 AM
Message:
I only send the adverse action letter to the person who's credit caused the decision. If asked, I would tell the BF that there was a problem with the GFs app and she has been sent a letter, but I can't discuss the specific problem with him. --98.174.xxx.xxx |
Credit Check Denial Ltr (by Robert,OntarioCanada [ON]) Posted on: Mar 22, 2024 11:59 AM
Message:
In todays rental market the rental unit or home is rented end of story. If they ask then tell them to contact credit bureaus to fix the negative credit reports. In the province of Ontario the minimum is 700 and above or you keep looking. --207.236.xxx.xxx |
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