As a creditor, how do you verify the information furnished by the borrower in the credit form is legitimate and FCRA compliant? How do you evaluate its creditworthiness? Is there any fail-proof way?
Well, worry no more! Follow this FCRA authorization template as it legally permits you to run a background check of your borrower to assess its creditworthiness and secure your business from any unseen pitfalls.
What’s Inside :
1. How to evaluate the creditworthiness of the borrower
2. How FCRA helps debt collectors to deal with a borrower
3. How FCRA secures the A/R in the event of bankruptcy
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