This is a sample Adverse Action Notice. An Adverse Action Notice tells the renter that he was denied or approved with conditions. The difference in approval may be due to information found on a consumer credit report, and gives contact information for the credit reporting agency used so the applicant can access the report too. Â
You should act as soon as possible! It's best to review your credit report and reach out to the company for clarification quickly, so you don't miss any opportunities.
While you can't 'appeal' in the traditional sense, you can certainly reach out to the company to ask for more details or possibly provide additional information that may change their mind.
There could be many reasons, like having a low credit score or a poor payment history. The notice should give you a clearer picture of what went wrong.
You should receive this notice after a company makes a decision that negatively affects your application, usually right after they've looked at your credit report.
A Basic Adverse Action Notice is a letter businesses send out when they decide not to rent, hire, or give you credit based on your credit report or other consumer information.