9(a) Notification out-of action taken, ECOA find, and you may report regarding specific causes
9(a) Notification out-of action taken, ECOA find, and you may report regarding specific causes step 1. Utilization of the term unfavorable step. The new controls doesn’t need you to definitely a creditor make use of the identity negative action into the communicating to a candidate you to definitely a request an extension off credit has …