NOTICE TO APPLICANT: This section of this form is to be completed by you 2025

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Section 1002.9 specifies the deadlines by which a creditor must notify a credit applicant of the action taken. But if the applicant expressly withdraws the application before the applicable deadline, the notice requirements do not apply.
How do I submit my opt-out request? Businesses that sell personal information are subject to the CCPAs requirement to provide a clear and conspicuous Do Not Sell or Share My Personal Information link on their website that allows you to submit an opt-out request.
Timing of notice - when an application is complete. Once a creditor has obtained all the information it normally considers in making a credit decision, the application is complete and the creditor has 30 days in which to notify the applicant of the credit decision. (See also comment 2(f)-6.)
Some of the most important pieces of information that must be included in one of these letters are: Name, Address, and Phone of the consumer reporting agency. The credit score that was used. An anti-discrimination notice. A statement of action by the creditor. A statement of the specific reasons the letter has been issued.
A creditor must notify the applicant of adverse action within: 30 days after receiving a complete credit application. 30 days after receiving an incomplete credit application.
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A bank must notify an applicant of action taken on the applicants request for credit, whether favor able or adverse, within thirty days after receiving a completed application.
Official interpretation of 9(c) Incomplete applications. (1) Notice alternatives. Within 30 days after receiving an application that is incomplete regarding matters that an applicant can complete, the creditor shall notify the applicant either: Official interpretation of Paragraph 9(c)(1).
Withdrawn Application No notice is required. If a creditor has obtained sufficient information to make a credit decision and denies the application, it should not be treated as withdrawn because the applicant did not inquire about the status of it. An AAN is required because the creditor denied the application.

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