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The FACT Act affects consumers, lenders, and businesses

Credit Score Disclosure - Easy Compliance Process
Effective December 1, 2004, Section 212 of the FACT Act requires all mortgage lenders to
provide home loan applicants with two documents:

1. a Credit Score Disclosure, and
2. a Notice to Home Loan Applicant

Credit Plus, Inc. can automatically deliver both documents to you or the consumer with every credit report you order. The automated credit score disclosure makes the compliance process easier for you. The disclosure report dynamically generates the consumer’s unique scoring information using the most up-to-date credit data available, and includes specific language as required by the FACT Act.

With our direct connection to the national credit bureaus, you can be certain that this service meets the accuracy requirements mandated by the FACT Act.

If you would like to receive more information from your Regional Account Executive » click here

 

Credit Plus offers the most innovative, relaible and robust products & services in the Industry


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Credit Reports
Score Plus (Rapid Rescore)
Title & Settlement Services
Appraisals / AVMs
Tenant Screening
Tax Return Verification
Flood Zone Determination
Lead Generation
Fraud Prevention

 


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