Sample Notice Of Negative Information

Creditors must inform individuals: that they report negative information to the credit bureaus and that they are placing negative information on their credit report when they do so. This is covered under FCRA and doesn’t need to be a separate notice, so most creditors will add this notice to any existing correspondence they have with a consumer.

For example, if you miss a credit card payment the credit card issuer will add this notice to your next account statement.

Before A Late Payment:

We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

After A Late Payment:

We have told a credit bureau about a late payment, missed payment or other default on your account. This information may be reflected in your credit report.

Leave a reply

Your email address will not be published. Required fields are marked *. Please do not share your referral links/codes unless the post specifically states it's allowed. If the post states it is allowed please follow the rules carefully. If you'd like an image next to your comments please create a gravatar. Most of all please be kind and respectful to each other. 

Last Posts

qvc credit application us barclaycards tcf routing number mn keypoint online banking myciti com citibank mileageplus benefits hsbc credit card discover chase ua credit card chase quickpay verify account fico score 680 pay voucher wells fargo what time does direct deposit go through bmo capital one 360 wire transfer fee dillards credit card bill pay what credit bureau does kohls use does fingerhut report to credit citi bank credit card reviews find my wells fargo account number experian credit report cancel membership how to close suntrust account citi world mastercard foreign transaction fee sears credit card login in

Back to Top ↑