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What can Lenders Share with CRAs?

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Anonymous
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What can Lenders Share with CRAs?

If I apply for a Mortgage Loan, can the Lender share my information they gather with the Credit Agencies? Like Income and Assets?

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JM-AM
Valued Contributor

Re: What can Lenders Share with CRAs?


@Anonymous wrote:

If I apply for a Mortgage Loan, can the Lender share my information they gather with the Credit Agencies? Like Income and Assets?


You would have to read their privacy policies.

 

But for a general answer your personal information such as income and assets is not revealed to third parties. It may be used for other services that lender offers such as credit cards, insurance, etc... etc...

Good Luck
May all your dreams and wishes become a reality!
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