End The Fed!!!
New member
Credit Score Disclosure Notice? Apparently, there is new federal mandates requiring only Ohio and Arkansas to maintain compliance as far as risk-based pricing is concerned. The notice we received from one of our Fed-member banks states that we (automotive dealers) must provide credit score and 'pertinent information' to any and every customer whose credit we run.
Outside of the politicking, and the ridiculousness behind this, I'm looking for specifics in regards to the new mandates. Any help? Can anyone shed some light here?
Outside of the politicking, and the ridiculousness behind this, I'm looking for specifics in regards to the new mandates. Any help? Can anyone shed some light here?