If you are refused credit because of a credit report, must the lender provide the name and address of the credit bureau that issued the report upon request?

When a lender denies credit based on information in a credit report, they are required to follow specific regulations established by the Fair Credit Reporting Act (FCRA). One of these requirements is that the lender must provide the consumer with the name, address, and phone number of the credit bureau that furnished the report upon request. This transparency is designed to ensure that consumers are aware of the sources of their credit information and can take steps to review their credit reports for accuracy or dispute any incorrect information.

This requirement applies regardless of whether the denial is verbal or written and is not dependent on the size of the loan, making it essential for consumer rights in the credit process.