I'm trying to determine how the address discrepancy rules pertain to guarantors/principals of companies. If you obtain a credit report on a guarantor for a loan and receive a Notice of Address Discrepancy, are you to notify the credit bureau if you resolve the discrepancy and make the loan to the company? If the requirement applies, how would you go about notifying the credit bureau?
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Dolly Nugent
CRCM
Opinions expressed are my own.