Comment for 1002.9 - Notifications
Counteroffer combined with adverse action notice.
- 1002 (Regulation B)
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Counteroffer combined with adverse action notice.
The six business-day period begins when the lender places the notice in the mail, not when the consumer
The three-business-day period begins when the lender sends the notice, not when the consumer receives
(B) If a notice required by paragraph (g)(4)(i) of this section is not included on or with a periodic
Time of providing notice.
(iii) A servicer is prohibited from providing the written notice more than once during any 180-day period
creditor shall provide the disclosures required by § 1026.47(b) before consummation on or with any notice
(2) Content of renewal notice.
(ii) A credit union may satisfy its annual opt out notice requirement by providing one notice to those
(ii) A credit union may satisfy the annual notice requirements of § 1016.5 by providing one notice
(C) Begin with a heading in capital letters and underlined, and identifying the long notice as the “PRESCREEN
(b) Adverse action notice.
Timing - advance notice not required.
Format of notice.
Combined notice.
Format of notice.
Combined notice.
(2) Annual error resolution notice.
(ii) Overbroad notice of error. The notice of error is overbroad.
(B) If a notice required by paragraph (g)(1) of this section is not included on or with a periodic statement
(a) One notice per credit extension.
(1) Short notice.
(2) Long notice.
(1) Short notice.
(2) Long notice.