Adverse Action Notice
Required under ECOA when a credit application is denied or offered less favorable terms. Must include specific reasons. The Clarity Engine's ECOA export in the AuditTrace produces these reasons.
| Audience | Name |
|---|---|
| Engineering (code) | — |
| Design (UI label) | — |
| Borrower-facing | the notice explaining why your loan application was denied |
| Do not use | — |
Sources
- Clarity Engine Glossary — Adverse Action Notice