December 19, 2012 - 12:03pm
#1
If a "Substantial Difference Occurred" (for the address) when pulling a credit report and the loan is denied, are financail institutions required to verify the address and report it "confirmed" to the credit bureaus? It is my understanding that as long as we have a relationship with the member (member has a share account) we are required to report it. I would appreciate your feedback on this topic. Thank you.
