In recent weeks American Credit Systems has launched its Volume Discount Program for auto dealers pulling credit reports. The program is geared toward new and used auto dealers who pull Experian, TransUnion, and/or Equifax credit reports and elect to receive their cred...
Once a credit report is obtained by a dealer from a potential customer, dealers are considered creditors for ECOA and FCRA purposes and are subject to their Adverse Action Notice requirements. Generally speaking, an Adverse Action Notice is an explanation to the potent...
