ii. Financial institution A gotten a credit card applicatoin having a shielded financing out-of an applicant and you can forwarded you to app in order to Lender B. Financial institution B analyzed the application up until the financing might have closed, but the software don’t produce a keen origination as the Monetary Business B declined the application. Financial institution B wasn’t becoming Financial institution A’s agent. Financial institution A will not statement the application form. If, underneath the exact same factors, the program are withdrawn before Lender B made a card choice, Standard bank B perform statement the application as withdrawn and you can Economic Facilities A didn’t statement the applying. Continue reading “Once the Financial institution B produced the financing decision, Financial institution B reports the program given that a denial”