The Fair Credit Reporting Act (FCRA) is designed to help ensure that credit bureaus furnish correct and complete information to businesses to use when evaluating your application. Your rights include:
The right to receive a copy of your credit report. The copy of your report must contain all of the information in your file at the time of your request.
The right to know the name of anyone who received your credit report in the last year for most purposes or in the last two years for employment purposes.
Any company that denies your application must supply the name and address of the credit bureau they contacted, provided the denial was based on information given by the credit bureau.
The right to a free copy of your credit report when your application is denied because of information supplied by the credit bureau. Your request must be made within 60 days of receiving your denial notice.
If you contest the completeness or accuracy of information in your report, you should file a dispute with the credit bureau and with the company that furnished the information to the bureau. Both the credit bureau and the furnisher of information are legally obligated to investigate your dispute.
A right to add a summary explanation to your credit report if your dispute is not resolved to your satisfaction.
New Mexico Request for Disclosure of Reasons for Increasing Charge for Credit Regarding Credit Application Where Action Was Based on Information Not Obtained by Reporting Agency is a legal document that allows individuals to request information regarding an increase in charges on their credit application when the decision was based on information not obtained by the reporting agency. This document is specifically designed for use in the state of New Mexico. Keywords: New Mexico, Request for Disclosure, Increasing Charge for Credit, Credit Application, Action, Information Not Obtained, Reporting Agency. Different types of New Mexico Request for Disclosure of Reasons for Increasing Charge for Credit Regarding Credit Application Where Action Was Based on Information Not Obtained by Reporting Agency include: 1. Individual Request: This is the standard form used by an individual to request disclosure of the reasons behind an increased charge for credit on their credit application when the decision was based on information not obtained by the reporting agency. 2. Joint Request: This form is used when multiple individuals jointly apply for credit and want to request disclosure of the reasons for an increased charge based on information not obtained by the reporting agency. 3. Business Request: This variant of the form is used by businesses to request information about an increased charge for credit on their credit application, specifically when the decision was made without the reporting agency obtaining certain information. 4. Expedited Request: This type of request is used when there is an urgent need for disclosure of the reasons behind an increased charge for credit. It allows the requester to expedite the process to receive a prompt response. 5. Amended Request: This form is used when the requester needs to make changes or updates to their original request for disclosure, such as correcting personal information or updating contact details. It is important to note that these descriptions are based on potential variations or specific circumstances that may require different types of the New Mexico Request for Disclosure of Reasons for Increasing Charge for Credit Regarding Credit Application Where Action Was Based on Information Not Obtained by Reporting Agency. It is recommended to consult with legal professionals or authorities to ensure the appropriate form is used for a specific situation.
