Answer:
I guess I am confused. Exactly what do you think a "rapid rescore" is, if it does not involve an error on the current credit report?
Charging for updated credit reports
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Question:
Long ago, I was told by our credit report provider that we can't charge for credit updates for our mortgage customers relating to originating a mortgage. I see that FCRA prohibits charging for rescoring but if a tradeline needs to be updated or a non-reporting account needs to be verified, can we do a changed circumstance and charge the customer?
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