The FACT Act and FACTA
Across
- 3. The customers do ___have to sign the disclosure
- 5. As a creditor we are required to provide the borrowers with their ______ ______
- 7. The notices may be ______ but must be received by the customers prior to booking the loan
- 8. Medical information is not relevant to credit worthiness
- 9. The risk based pricing notice is ___________ generated when a credit report is pulled
- 10. Asking for medical information is __________ unless the loan is for paying medical expenses
Down
- 1. The ____ _______ is responsible for giving customers the notice after the credit score has been obtained
- 2. The fact Act ________ creditors from obtaining or using medical information in credit decisions except for certain allowed exemptions
- 4. In a transaction with more than one person, each needs to be notified with separate notices
- 6. "Your credit report and the price you pay" notice ____ be provided as soon as practical
- 7. You ___ use medical debt to calculate debt to income ratio