Quote:
Originally Posted by ohiobuckeyes
I was told in Ohio that "dealer" still has to still send a "Adverse Action Notice" to the customer if it was declined.
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I've heard that out on the West Coast too. Dealers need to send out an "Adverse Action Notice" even if they know the bank they submitted the application to is sending out a notice.
I wouldn't be surprised if this is a Federal Law covering all states.
