Adverse Action Letter

This is a notice you must send to an applicant, whose application has been rejected or accepted but with conditions, such as a higher deposit or guarantor.

  • Adverse Action Notice

  • MM slash DD slash YYYY
  • The consumer agency mentioned above only provided information and played no part in making the decision to reject your application or to take any adverse action nor can it explain why the decision was made.
  • Pursuant to Section 612 of the Fair Credit Reporting Act, you have the right to obtain a free copy of your credit report from the consumer agency mentioned above, dispute it's accuracy and provide a consumer statement describing your position. You may have additional rights under the credit reporting or consumer protection laws of your states. For more information contact your state or local consumer protection agency.