QUESTION
Does a potential customer have the right to receive the results of a credit check from information they provided.
Asked on Oct 12th, 2012 on Business Law - Missouri
More details to this question:
we ran three credit checks with vendors supplied to us by a potential customer. the results were less than favorable and we denied them credit. they wanted the results we received from each vendor. are they legally entitled to those results and are we legally bound to give them.
1 ANSWER
Reviews not shown
1 Award
If the customer is a consumer, you may be required to disclose the reason for denial of credit, which it appears you have already done. You do not need to provide the specific information you received from your checking-up activities.
Answered on Oct 13th, 2012 at 1:17 AM