denied credit? flip the script with consumer law

00:32:28
https://www.youtube.com/watch?v=4E7pDeJ2igA

Ringkasan

TLDRThe video explains how to respond to credit denials by understanding adverse action notices and leveraging federal laws. It emphasizes the importance of knowing consumer rights, particularly under the Equal Opportunity Act and the Truth in Lending Act. The speaker provides strategies for challenging denials, including demanding proof, disputing inaccuracies, and potentially suing for damages. The video aims to empower viewers to turn denials into legal leverage and encourages proactive engagement with credit issues.

Takeaways

  • 📜 Understand what an adverse action notice is.
  • ⚖️ Know your rights under the Equal Opportunity Act.
  • 🔍 Challenge credit denials by demanding proof.
  • 📈 Use the Truth in Lending Act to your advantage.
  • 💼 Consider legal action if denied unfairly.
  • 📊 Dispute inaccuracies on your credit report.
  • 📝 Request a copy of your credit report after denial.
  • 💡 Learn how to improve your creditworthiness.
  • 📞 Communicate effectively with lenders and credit bureaus.
  • 🔑 Turn denials into opportunities for legal leverage.

Garis waktu

  • 00:00:00 - 00:05:00

    The video introduces the concept that being denied credit can be an opportunity if one knows how to respond. The speaker emphasizes the importance of understanding adverse action notices, federal laws, and how to challenge credit denials effectively. They encourage viewers to engage with the content by liking and subscribing to the channel for more insights on consumer law and credit issues.

  • 00:05:00 - 00:10:00

    An adverse action notice is defined as a formal communication from lenders when credit is denied. The speaker explains that under the Equal Opportunity Act (ECOA), lenders must provide specific reasons for the denial and inform applicants of their rights, including access to a free credit report. This notice serves as a legal tool to understand the basis of the denial and to challenge it.

  • 00:10:00 - 00:15:00

    The speaker discusses why credit denials can be legally invalid, highlighting the importance of lenders providing all necessary disclosures under the Truth in Lending Act. They argue that if lenders are using the applicant's signature as a basis for credit, the denial may not be justified. The speaker encourages viewers to ask for full disclosure regarding the origin of the funds used in lending decisions.

  • 00:15:00 - 00:20:00

    The video outlines common reasons for credit denial, such as insufficient credit history, low credit scores, high debt-to-income ratios, and past bankruptcies. The speaker emphasizes the importance of challenging these reasons by requesting documentation and validating debts, as well as understanding the legal framework that protects consumers from unfair lending practices.

  • 00:20:00 - 00:25:00

    The speaker provides a step-by-step guide on how to respond to an adverse action letter, including waiting for the letter, challenging its contents, and demanding proof of the underwriting criteria used in the decision. They stress the importance of being proactive and holding lenders accountable for their decisions, as well as understanding one's rights under consumer protection laws.

  • 00:25:00 - 00:32:28

    Finally, the speaker discusses how to turn a denial into legal leverage by filing complaints with regulatory bodies and preparing for potential legal action. They encourage viewers to take charge of their financial situations and not to accept denials without a fight, reinforcing the idea that knowledge of consumer law can empower individuals to challenge unfair practices.

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Peta Pikiran

Video Tanya Jawab

  • What is an adverse action notice?

    An adverse action notice is a notification sent when a credit application is denied, detailing the reasons for the denial.

  • How can I challenge a credit denial?

    You can challenge a credit denial by requesting proof, disputing inaccuracies in your credit report, and understanding your rights under federal laws.

  • What laws protect consumers from credit discrimination?

    The Equal Opportunity Act (ECOA) prohibits discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, age, and public assistance.

  • What should I do if I receive an adverse action letter?

    Read the letter carefully, identify the reasons for denial, and consider disputing any inaccuracies or requesting further clarification.

  • Can I sue for damages after a credit denial?

    Yes, if the denial is found to be unlawful or discriminatory, you may have grounds to sue for damages.

  • What is the Truth in Lending Act?

    The Truth in Lending Act requires lenders to provide clear disclosures about the terms and costs of credit.

  • How can I use a denial to my advantage?

    By understanding the reasons for denial and leveraging legal rights, you can potentially turn the situation into a legal opportunity.

  • What is the role of credit bureaus in credit denials?

    Credit bureaus provide the credit information that lenders use to assess creditworthiness, and you have the right to dispute inaccuracies in that information.

  • What steps should I take after being denied credit?

    Request an adverse action letter, review the reasons for denial, dispute inaccuracies, and consider legal action if necessary.

  • How can I improve my chances of getting approved for credit?

    Address any negative items on your credit report, ensure accurate information is reported, and understand the lender's criteria.

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Gulir Otomatis:
  • 00:00:00
    What if I told you that getting denied
  • 00:00:01
    credit could be your greatest legal
  • 00:00:03
    opportunity if you know how to respond?
  • 00:00:07
    Now, in this video, I'm going to break
  • 00:00:09
    down what an adverse action notice
  • 00:00:10
    really means, how to challenge the
  • 00:00:12
    denial using federal laws, and how to
  • 00:00:15
    flip the script, getting your
  • 00:00:17
    application reconsidered, or even suing
  • 00:00:19
    for damages. Now, I've studied consumer
  • 00:00:22
    law, credit reporting agencies, and
  • 00:00:25
    regulations, and lender obligations, and
  • 00:00:27
    I'm here to turn a no into power. Now,
  • 00:00:30
    before we dive into this video, make
  • 00:00:32
    sure to like the video. Make sure to hit
  • 00:00:34
    the subscribe button. Make sure to tap
  • 00:00:37
    in so that we can be at the top of the
  • 00:00:40
    algorithm. You understand me? We want to
  • 00:00:43
    be at the top of the algorithm because
  • 00:00:44
    nobody talks about these concepts and
  • 00:00:47
    breaks it down as simple as possible so
  • 00:00:50
    that people can actually take action no
  • 00:00:53
    matter what anybody says. I have people
  • 00:00:55
    who DM me all the time and say uh you
  • 00:00:58
    know this that and the third. But it's
  • 00:01:00
    just like yo if you actually watch the
  • 00:01:01
    videos you'll understand that it's
  • 00:01:04
    something um it's really that plain and
  • 00:01:08
    simple. I mean, yes, it may seem
  • 00:01:11
    complex because of the certain jargon
  • 00:01:13
    and language and th this that and the
  • 00:01:15
    third, but if you actually were to look
  • 00:01:16
    at the the the information and then do
  • 00:01:19
    your own research, you'll be like,
  • 00:01:20
    "Okay, everything that Nicholas is
  • 00:01:22
    saying makes sense." Okay? And to be
  • 00:01:25
    honest, I'm not really trying to reach
  • 00:01:27
    the people who aren't on
  • 00:01:29
    the same exact frequency. You know, if
  • 00:01:33
    you've if you know it, if you got it,
  • 00:01:35
    you got it. If you don't got it, oh
  • 00:01:37
    well. All right. And for those of you
  • 00:01:39
    guys that are watching, that's how you
  • 00:01:41
    got to maneuver. All right. So, my
  • 00:01:44
    object and goal today is to help people
  • 00:01:46
    understand the aspect of denials and how
  • 00:01:48
    to pretty much use the denials against
  • 00:01:51
    them in some way, shape, or form get
  • 00:01:53
    something back for it. Now, this is not
  • 00:01:55
    legal advice. This is not financial
  • 00:01:57
    advice. Do not employ these strategies
  • 00:01:58
    unless you understand any and everything
  • 00:02:01
    that I'm talking about and you're
  • 00:02:02
    willing to do that extra due diligence.
  • 00:02:05
    All right. So, what we're going to be
  • 00:02:06
    talking about is what an average action
  • 00:02:08
    notice is, when to expect it. We're
  • 00:02:10
    going to talk about why denials can be
  • 00:02:12
    legally invalid. We could talk about the
  • 00:02:14
    aspect on how to respond and demand
  • 00:02:17
    proof. And then lastly, we're going to
  • 00:02:20
    talk about turning a denial into legal
  • 00:02:22
    leverage. So, make sure you stay all the
  • 00:02:24
    way to the end so that you can get this
  • 00:02:26
    game that nobody is talking about. All
  • 00:02:28
    right, bet. So, let's dive straight in.
  • 00:02:31
    Now, what is an adverse action? You dig
  • 00:02:34
    me? Let me go ahead and pull it up.
  • 00:02:36
    Adverse action is a denial of credit,
  • 00:02:40
    loan, or financial service. So,
  • 00:02:42
    typically when you apply for a loan and
  • 00:02:44
    you get
  • 00:02:45
    denied, they're going to send you that's
  • 00:02:48
    technically an adverse action. Okay? And
  • 00:02:52
    if they're going to do something
  • 00:02:53
    adversely to you, which is essentially
  • 00:02:55
    the opposite of beneficial to you, then
  • 00:02:58
    they have to notify you. Okay? And if
  • 00:03:01
    they do that, they must give you notice
  • 00:03:04
    of their adverse action according to the
  • 00:03:06
    Equal Opportunity Act or the
  • 00:03:09
    ECOA. All right, so I'll pull that up
  • 00:03:11
    real quick. ECOA, Equal Opportunity Act,
  • 00:03:14
    just for the viewers to see. You dig me?
  • 00:03:17
    So, the Equal Opportunity Act is a US
  • 00:03:19
    law that prohibits discrimination in any
  • 00:03:22
    aspect of a credit transaction. Notice
  • 00:03:24
    how it says in any prohibits
  • 00:03:26
    discrimination in any aspect.
  • 00:03:30
    You dig me? So, it makes it illegal for
  • 00:03:33
    creditors to deny credit or charge
  • 00:03:34
    different terms based on the applicant's
  • 00:03:36
    race, color, religion, national origin,
  • 00:03:38
    sex, marital status, age, and receipt of
  • 00:03:40
    public assistance. Okay. Now, the one
  • 00:03:43
    thing that they don't talk about is the
  • 00:03:45
    aspect of your income. Okay. But we're
  • 00:03:48
    going to talk about that in a second.
  • 00:03:50
    You know, diving into the
  • 00:03:52
    considerations. But you can find this
  • 00:03:54
    either you can just Google ECOA like I
  • 00:03:57
    did or you can go to 15 USC
  • 00:04:01
    1691 my baby scope of prohibition and
  • 00:04:05
    specifically actually let's go back on
  • 00:04:07
    specifically you can go to D. Okay. Or
  • 00:04:11
    you can just look at this entire section
  • 00:04:13
    here. Okay. But the overall like general
  • 00:04:16
    like space of okay bet where can I find
  • 00:04:19
    this? You can just come to 15 USC 1691
  • 00:04:22
    and you could just go from there. All
  • 00:04:25
    right. Now let's just talk about the
  • 00:04:27
    aspect of what the notice should say on
  • 00:04:30
    there. The notice should give specific
  • 00:04:32
    reasons for denial. So if you are denied
  • 00:04:35
    credit, they must provide that those
  • 00:04:38
    proper, you know, reasons as to why they
  • 00:04:41
    denied you. And it can't be on the
  • 00:04:42
    aspect of something that isn't
  • 00:04:44
    considered a uh factor. Okay, we'll talk
  • 00:04:48
    about that in a second. Also, your right
  • 00:04:50
    to receive a free credit report. That's
  • 00:04:52
    basic. And contact info of the credit
  • 00:04:54
    bureau used. So a part of that adverse
  • 00:04:57
    action letter, this is should be
  • 00:04:58
    something they should send immediately
  • 00:05:00
    after denying you. They're supposed to
  • 00:05:02
    put where they got their information
  • 00:05:04
    from. They got to give specific reasons.
  • 00:05:06
    Okay. Now, usually most people crumble
  • 00:05:09
    when they get denied, but this letter is
  • 00:05:13
    kind of like that legal doorway to
  • 00:05:14
    figure out, okay, bet, what what is it
  • 00:05:16
    that they are denying me for? All right.
  • 00:05:20
    Now, give me one second. This is what I
  • 00:05:22
    want to do. Here's why denials can be
  • 00:05:24
    legally invalid. Okay. Number one, the
  • 00:05:27
    question that you can always ask is if
  • 00:05:30
    they provide all the disclosures
  • 00:05:32
    according to 15 USC6001 under the truth
  • 00:05:35
    the lending act. Now under the truth the
  • 00:05:37
    lending act it requires lenders to
  • 00:05:38
    provide any and all disclosures any and
  • 00:05:40
    all documentary evidence about the
  • 00:05:42
    lending aspect of it. Now part of the
  • 00:05:44
    disclosures that is required is okay
  • 00:05:48
    where is the origin of the financing?
  • 00:05:50
    Where is the origin of the funding?
  • 00:05:52
    Okay. And one of the things that they'll
  • 00:05:54
    say is that you aren't creditw worthy or
  • 00:05:56
    that there is something on your credit
  • 00:05:57
    report that's keeping them from allowing
  • 00:06:00
    you to get credit. Okay. But you can
  • 00:06:02
    easily argue that that shouldn't even be
  • 00:06:05
    a factor given the fact that has nothing
  • 00:06:07
    to do as to where they actually receive
  • 00:06:10
    the money. Okay? If they are getting the
  • 00:06:13
    money from their own reserves, then that
  • 00:06:15
    makes sense. But what if I told you that
  • 00:06:17
    they wasn't getting their money from
  • 00:06:18
    their reserves? What if I told you that
  • 00:06:20
    they was getting their money from your
  • 00:06:22
    signature and your energy was the one
  • 00:06:23
    that actually created the credit? So,
  • 00:06:25
    when you start to to to challenge them
  • 00:06:27
    and ask for the disclosure as to the
  • 00:06:30
    origin of the money, then their whole
  • 00:06:32
    argument of okay, well, we can't loan
  • 00:06:34
    you because you don't pay back your
  • 00:06:37
    debts. It just doesn't make sense
  • 00:06:38
    because there is no debt to be paid
  • 00:06:40
    back. You understand me? So, this is why
  • 00:06:43
    you ask for that full disclosure. Okay.
  • 00:06:46
    Where what other angle did I want to go?
  • 00:06:49
    Okay.
  • 00:06:59
    [Applause]
  • 00:07:06
    Um Okay. And another thing in terms of
  • 00:07:11
    disclosure is you know they'll try to
  • 00:07:13
    challenge and say that they are risking
  • 00:07:15
    their money but you know if you are the
  • 00:07:18
    one that's funding the transaction are
  • 00:07:20
    they really risking their money is there
  • 00:07:22
    any risk
  • 00:07:24
    involved and that's the hard part. You
  • 00:07:27
    know a lot of people don't know to take
  • 00:07:29
    that angle when it comes to a denial.
  • 00:07:31
    They know, okay, bet. Like, I shouldn't
  • 00:07:33
    be denied, but all they can do is just
  • 00:07:36
    complain and get emotional about it. But
  • 00:07:39
    what angle would you take? This is the
  • 00:07:41
    angle I would take. Are you risking your
  • 00:07:43
    money? Why are you worried about my
  • 00:07:45
    creditworthiness and my proof of income
  • 00:07:47
    if the reality is you don't even you use
  • 00:07:50
    me as proof of income? Then the other
  • 00:07:52
    premise is, okay, bet. If you're going
  • 00:07:54
    to use my promisary note, pro permissary
  • 00:07:57
    note, whatever you want to call it, if
  • 00:08:00
    you're going to use that as a financial
  • 00:08:01
    asset, why can't I? If you're going to
  • 00:08:04
    use that as proof of income to the
  • 00:08:06
    Federal Reserve, why can't I? Oh, I need
  • 00:08:09
    to see that you have good credit, but
  • 00:08:11
    that shouldn't even matter. But then
  • 00:08:13
    there's laws under 12 USC
  • 00:08:16
    1831, if I'm correct, that pretty much
  • 00:08:18
    talks about the risk factors. And I may
  • 00:08:20
    talk about it. Maybe not in this video.
  • 00:08:23
    Maybe on the aspect under maybe on my
  • 00:08:26
    Twitch. I'll talk a little bit about
  • 00:08:28
    that from so maybe a little bit after
  • 00:08:31
    this video. Most people don't know is I
  • 00:08:33
    get on Twitch, do these live and then
  • 00:08:36
    answer questions after the video. So
  • 00:08:40
    yeah, make sure you guys hit the Twitch
  • 00:08:42
    link down below and shoot a follow. So,
  • 00:08:44
    here are some of the things that they
  • 00:08:45
    will um some of the reasons that they
  • 00:08:49
    will deny you for. They'll deny you for
  • 00:08:52
    insufficient credit history. Okay. So,
  • 00:08:55
    one of the things they'll say is you
  • 00:08:57
    don't have enough established credit for
  • 00:08:59
    the lender to assess your reliability.
  • 00:09:01
    Okay.
  • 00:09:03
    Um technically it's not illegal to do
  • 00:09:06
    this but they must under 15 USC 1691
  • 00:09:11
    6091D 2 they must clearly explain this
  • 00:09:15
    reason. They cannot just say okay you
  • 00:09:17
    don't have enough established credit.
  • 00:09:19
    They really got to break it down. Okay.
  • 00:09:21
    Another thing they'll say is your score
  • 00:09:24
    falls below an approval threshold. Okay.
  • 00:09:26
    They'll say your score is too low. You
  • 00:09:29
    can challenge. Okay. Was the score based
  • 00:09:31
    on inaccurate or outdated info? If so,
  • 00:09:36
    then there's two things you can do. You
  • 00:09:37
    can challenge them based on whether the
  • 00:09:40
    info was inaccurate or outdated. Or you
  • 00:09:42
    can just go ahead and send a letter to
  • 00:09:44
    the credit bureau and challenge the
  • 00:09:45
    credit bureaus first and then come and
  • 00:09:47
    then circle back under 15 you will see
  • 00:09:49
    1681i. Okay. Another thing they'll say
  • 00:09:52
    is okay you have high debt to income
  • 00:09:54
    ratio meaning your income can't
  • 00:09:56
    reasonably support the debt and here's
  • 00:09:59
    what you will move and say okay bet you
  • 00:10:01
    can request documentation on how the
  • 00:10:03
    debt to income was calculated and
  • 00:10:06
    sometimes unfair unverified debts will
  • 00:10:10
    inflate your debt to income ratio such
  • 00:10:13
    as those debt collectors such as things
  • 00:10:15
    that and then also those debts that have
  • 00:10:17
    been charged off technically is not a
  • 00:10:20
    debt that should be applied to your debt
  • 00:10:22
    to income ratio. Okay, this is why I
  • 00:10:25
    teach um you guys about debt so that you
  • 00:10:28
    guys know how to know when a debt is
  • 00:10:32
    unverifiable. Another aspect is when you
  • 00:10:35
    have uh uh delinquent or derogatory
  • 00:10:38
    accounts. So they'll say, okay, you have
  • 00:10:40
    past due charged off or collection
  • 00:10:42
    accounts. So this right here, this is
  • 00:10:45
    when you would use 15 USC
  • 00:10:47
    1692G to validate those debts on your
  • 00:10:50
    own. But then you want to challenge
  • 00:10:52
    whether that reporting is accurate. And
  • 00:10:53
    these are things that you must do. Okay?
  • 00:10:56
    You must if you have these things on
  • 00:10:58
    your credit report, you do want to
  • 00:10:59
    challenge to get those things off. And
  • 00:11:01
    it does make your argument much easier
  • 00:11:03
    after the fact about the denial. Okay?
  • 00:11:05
    Sometimes people look at it and they
  • 00:11:07
    say, "Well, can I just argue with them
  • 00:11:09
    about these things myself and get the
  • 00:11:12
    denial off?" Well, you know, you really
  • 00:11:15
    can't. I mean, you can, but you're just
  • 00:11:18
    It's better if you kind of just like
  • 00:11:21
    remove whatever they're deeming as
  • 00:11:23
    something risk or unreliable and then
  • 00:11:26
    kind of going back and applying. Okay?
  • 00:11:29
    So, it's important that you get the
  • 00:11:30
    adverse action noticed so that you know
  • 00:11:32
    exactly what to target. Sometimes you
  • 00:11:35
    can use that as an aspect to target it.
  • 00:11:38
    All right? Then they're going to say
  • 00:11:39
    something like a bankruptcy filing. So
  • 00:11:42
    usually if you have a prior bankruptcy,
  • 00:11:44
    they may view you as risky. Okay? And
  • 00:11:48
    notice this cannot be a sole reason if
  • 00:11:51
    other strong factors exist. So this may
  • 00:11:55
    raise that fair lending issue. So, in
  • 00:11:58
    most cases, yes, you will get denied for
  • 00:12:00
    bankruptcy, but you can easily argue
  • 00:12:02
    that that wouldn't be considered fair.
  • 00:12:04
    All right. They also say, okay, too many
  • 00:12:07
    recent inquiries. This is typically very
  • 00:12:09
    common because I'll say that even though
  • 00:12:12
    you can argue that inquiries shouldn't
  • 00:12:14
    be a factor, when you get to a certain
  • 00:12:16
    point, just their algorithm is just
  • 00:12:18
    going to automatically deny you. So, if
  • 00:12:20
    you have five inquiries on your credit
  • 00:12:21
    report, they may automatically deny you.
  • 00:12:24
    Okay? And it's that is easily fixed by
  • 00:12:27
    calling the credit bureaus a couple
  • 00:12:29
    times and telling them to remove those
  • 00:12:30
    unauthorized inquiries and then trying
  • 00:12:32
    again. Okay. Unstable employment or
  • 00:12:35
    income. So if you have in inconsistent
  • 00:12:38
    or insufficient job income, this right
  • 00:12:40
    here is something where you can request
  • 00:12:42
    that specific underwire underwriting
  • 00:12:45
    guidelines to determine whether they
  • 00:12:47
    deviated from like a standard review of
  • 00:12:50
    your income. But you can also argue that
  • 00:12:52
    under 15 you see 1691 that they cannot
  • 00:12:56
    use that as a factor that technically is
  • 00:13:00
    discrimination. Okay. Another thing,
  • 00:13:02
    okay, mismatch between the application
  • 00:13:04
    and the credit file. If the info on your
  • 00:13:06
    credit report didn't match what you
  • 00:13:07
    submitted, then this happens when there
  • 00:13:10
    is a mixup between that credit file and
  • 00:13:13
    the information that they received. then
  • 00:13:15
    this is something you can easily
  • 00:13:16
    challenge as well using um you know
  • 00:13:19
    credit repair fair credit reporting act
  • 00:13:22
    disputes. Okay. And then another thing
  • 00:13:24
    is and and this is what I would be very
  • 00:13:27
    strategic of is when you have no
  • 00:13:32
    verifiable identity or an incomplete
  • 00:13:35
    application. Okay. So they'll try to use
  • 00:13:39
    and say, "Oh, we couldn't verify your
  • 00:13:40
    identity." And essentially what you want
  • 00:13:43
    to do is just give them the proof of
  • 00:13:44
    your identity. And if it's already
  • 00:13:46
    provided, then you can just site a
  • 00:13:48
    failure to properly review under the
  • 00:13:50
    Fair Credit Reporting Act or the Equal
  • 00:13:51
    Opportunity Act. So those are a couple
  • 00:13:53
    of things that they'll do. I also put
  • 00:13:55
    together like a challenge letter,
  • 00:13:56
    challenge letter, throw it in the
  • 00:13:58
    complete debt guide as well. But just
  • 00:14:00
    kind of moving on. Okay. Another thing
  • 00:14:03
    is you want to ask them, okay, bet, did
  • 00:14:06
    you perform a lawful review of my credit
  • 00:14:08
    file? And a lawful review of my credit
  • 00:14:10
    file is you moving by the by the things
  • 00:14:14
    based on your rights as a consumer.
  • 00:14:16
    Okay. Did you properly review it? And
  • 00:14:18
    how did you review it? Okay. Another
  • 00:14:21
    thing you want to ask them, okay, bet,
  • 00:14:23
    did you make those decisions based off
  • 00:14:25
    that unverified data? Did you make
  • 00:14:27
    decisions based off of outdated data?
  • 00:14:30
    Okay. Also, at the same time, were did
  • 00:14:33
    they discriminate? Okay. Was there some
  • 00:14:36
    type of discrimination where you just
  • 00:14:37
    denied me just because of my zip code?
  • 00:14:40
    Just denied me based off of who I was?
  • 00:14:43
    Because some people get denied and they
  • 00:14:45
    actually don't have bad credit. They
  • 00:14:47
    have good credit. They don't have that
  • 00:14:49
    much inquiries. Yes, they may not have
  • 00:14:51
    as much credit as they hope they will
  • 00:14:53
    have, but they still have good credit.
  • 00:14:55
    If you're a person that gets denied and
  • 00:14:57
    you have good credit and you don't meet
  • 00:15:00
    none of those negative factors, this is
  • 00:15:02
    a very easy argument to get them to
  • 00:15:04
    reassess your
  • 00:15:06
    application. Okay? And then lastly, the
  • 00:15:09
    no proof that they use their own money
  • 00:15:11
    to fund, meaning no standing to deny.
  • 00:15:13
    And that's one of the biggest things to
  • 00:15:15
    challenge when it comes to a denial is
  • 00:15:17
    you starting to challenge, okay, the
  • 00:15:18
    source of the funds, the source of the
  • 00:15:20
    income. If you guys are going to loan me
  • 00:15:22
    money, then show me that you're loaning
  • 00:15:23
    me money and not actually using me to
  • 00:15:26
    loan me money. Because we already know
  • 00:15:28
    that under 12 USC 1431, my baby, 12 USC
  • 00:15:33
    1431, it says, look, each federal home
  • 00:15:36
    loan bank shall have the power subject
  • 00:15:38
    to the rules and regulations prescribed
  • 00:15:39
    by the director to borrow and give
  • 00:15:42
    securities. therefore and to pay
  • 00:15:44
    interest thereon to issue dependent,
  • 00:15:46
    bonds and other obligations upon such
  • 00:15:48
    terms and conditions as the director may
  • 00:15:50
    approve. All right. So the key things is
  • 00:15:55
    that their powers and duties is to
  • 00:15:58
    borrow and give securities. The question
  • 00:16:01
    is okay what is a security? A security
  • 00:16:03
    means money in this case or in banking
  • 00:16:05
    terms security is money. And we already
  • 00:16:07
    know under modern money mechanics. We
  • 00:16:08
    already know under the Federal Reserve
  • 00:16:10
    Act um section 16, we already know um
  • 00:16:14
    you know uh uh uh uh uh that the money
  • 00:16:18
    is not being loaned by them. So it's an
  • 00:16:21
    easy challenge because this these are
  • 00:16:23
    questions that they cannot answer or
  • 00:16:25
    they can or supposed to answer but they
  • 00:16:27
    won't. Okay? It won't be something where
  • 00:16:30
    you're going to tell them, "Hey, did you
  • 00:16:31
    do this?" And they're going to say, "You
  • 00:16:32
    know what? You're right." And they're
  • 00:16:33
    going to just approve you. No, you may
  • 00:16:35
    need to take go to be willing to go the
  • 00:16:37
    distance. So to borrow and give
  • 00:16:40
    securities doesn't say loan securities.
  • 00:16:42
    Did you guys gather that? Okay. So
  • 00:16:44
    that's under 12 USC 1431. This is just
  • 00:16:47
    one of the first uh you know codes that
  • 00:16:50
    I had particularly seen as it when it
  • 00:16:53
    pertained to the truth behind the
  • 00:16:55
    banking system. Okay. But this will
  • 00:16:58
    probably be an argument that you can
  • 00:17:00
    easily do the things on the back end,
  • 00:17:03
    which what I prefer one to do is to do
  • 00:17:06
    the things that they say is a factor. So
  • 00:17:09
    if they're saying that you have a charge
  • 00:17:10
    off, just send a debt validation letter.
  • 00:17:14
    If they're saying because obviously if
  • 00:17:15
    this bank is going to have a problem
  • 00:17:17
    with it, then the next bank that you
  • 00:17:18
    apply to is going to have a problem as
  • 00:17:19
    well. Okay? So if the next bank is going
  • 00:17:22
    to have a problem, then just do what it
  • 00:17:24
    is that you need to do. Okay. So, this
  • 00:17:27
    is why we have a conversation about
  • 00:17:29
    debt. This is why we have a conversation
  • 00:17:30
    about charge off. This is why we have a
  • 00:17:32
    conversation about communicating with
  • 00:17:34
    debt collectors because these are one of
  • 00:17:35
    the key things that they'll try to use
  • 00:17:37
    against you. And instead of you getting
  • 00:17:38
    mad that they're using these things
  • 00:17:40
    against you, take responsibility and
  • 00:17:42
    challenge those debt collectors.
  • 00:17:43
    Challenge those charge offs. Take the
  • 00:17:45
    information that you learn and start to
  • 00:17:46
    execute on these things. You dig me? So,
  • 00:17:50
    here's the biggest thing. If they if
  • 00:17:52
    they aren't lending their own money,
  • 00:17:54
    what are they really denying? Okay,
  • 00:17:56
    another thing I want to talk about is 12
  • 00:18:00
    USC
  • 00:18:02
    1831. So, there's also uh 12 USC 1831,
  • 00:18:06
    but I want to find what do I want to
  • 00:18:09
    find? Just for time sakes, I probably
  • 00:18:10
    won't do it in this video. I may do a
  • 00:18:12
    separate video talking about this, like
  • 00:18:14
    a part two, but they have their own I
  • 00:18:18
    just haven't reviewed this in so long,
  • 00:18:20
    but they have their own um risk
  • 00:18:23
    factors, okay, that they do more on the
  • 00:18:27
    policy side of things, you know, and
  • 00:18:31
    they kind of follow policies and
  • 00:18:33
    regulations. And that policies and
  • 00:18:35
    regulations don't apply to you unless
  • 00:18:37
    you are, you know, uh uh the bank or in
  • 00:18:41
    the bank. If you're outside of that,
  • 00:18:44
    then you really don't have to adhere to
  • 00:18:46
    their policies. Yeah, they may have to
  • 00:18:49
    make decisions based off of their risk,
  • 00:18:51
    but if their risk is not if they're not
  • 00:18:54
    risking anything, then it really doesn't
  • 00:18:56
    apply to you or them in this case.
  • 00:18:59
    Especially if when you apply, no matter
  • 00:19:02
    what, that money gets released to them.
  • 00:19:03
    No matter what, they still have that
  • 00:19:05
    application that is a financial asset to
  • 00:19:08
    them. You dig what I'm saying? So, boom.
  • 00:19:10
    If you gotten all the way this far, all
  • 00:19:12
    my Twitch people that's here, you guys
  • 00:19:14
    can disregard this. But if you gotten
  • 00:19:16
    all the way this far, make sure to hit
  • 00:19:17
    the subscribe button. Make sure to hit
  • 00:19:18
    the like button, my baby, because what
  • 00:19:20
    we're about to talk about is how to
  • 00:19:22
    respond and demand proof the proper way.
  • 00:19:25
    We're going to talk about it in the
  • 00:19:26
    aspect of the legal merit behind it.
  • 00:19:30
    Okay? Because a lot of people will talk
  • 00:19:32
    about that you can't do this and you
  • 00:19:35
    can't do that and the theories behind it
  • 00:19:37
    and and and you know the mindset behind
  • 00:19:40
    it but nobody ever tells you exactly
  • 00:19:41
    what you should do in event you get
  • 00:19:43
    denied for credit and you are pissed off
  • 00:19:46
    and tired of getting denied for credit.
  • 00:19:48
    How to properly go about it. All right.
  • 00:19:51
    Now number one if you get an adverse
  • 00:19:53
    action letter. Okay. Well if you get
  • 00:19:55
    denied you want to either wait for the
  • 00:19:57
    adverse action letter. give them about
  • 00:19:59
    14 to 30 days to send you an adverse
  • 00:20:01
    action letter. And then when you get
  • 00:20:03
    that adverse action letter, you want to
  • 00:20:04
    read it and find out exactly what it is.
  • 00:20:08
    All right? But you also want to
  • 00:20:11
    challenge that adverse action letter,
  • 00:20:13
    especially if it's not clear and they're
  • 00:20:15
    not telling you exactly why they denied
  • 00:20:17
    you. You want to send that adverse
  • 00:20:19
    action letter and you want to reference
  • 00:20:20
    the Equal Opportunity Act of the 15 USC
  • 00:20:23
    1691. Okay? Challenge them directly. You
  • 00:20:27
    want to demand the underwriting criteria
  • 00:20:29
    an
  • 00:20:30
    explanation. Okay? It's different than
  • 00:20:33
    saying, "Oh, the increase this, that,
  • 00:20:34
    and the third." But you want to know
  • 00:20:35
    exactly what the underwriter is looking
  • 00:20:36
    for. Not only for you, but even if
  • 00:20:39
    you're in a space where you're helping
  • 00:20:40
    other people, if you want to tell your
  • 00:20:42
    family to apply, you have a right to
  • 00:20:45
    know exactly what the underwriter is
  • 00:20:47
    looking for. So, you can focus on that.
  • 00:20:50
    All right. You want to request a copy of
  • 00:20:52
    your credit report and lending file
  • 00:20:54
    used. I need to see what you're looking
  • 00:20:57
    at. I don't want you to just tell me,
  • 00:20:59
    "Oh, you have too many inquiries. You
  • 00:21:00
    have this. You have that." No, I want
  • 00:21:02
    you to show me exactly where you found
  • 00:21:03
    that info. And I want to know who gave
  • 00:21:05
    you that info. My baby. Step two, you
  • 00:21:09
    want to then dispute that credit report
  • 00:21:12
    data that they used if it was falsely
  • 00:21:16
    misused under 15 USC 1681i. under 15 USC
  • 00:21:21
    1681i. What makes it powerful to
  • 00:21:24
    challenge your credit is the fact that
  • 00:21:26
    you how I'm asking these debt collectors
  • 00:21:29
    the same exact questions. We take the
  • 00:21:30
    credit bureaus through the same exact
  • 00:21:31
    thing. And most of the times credit
  • 00:21:33
    bureaus do not provide this. They do not
  • 00:21:36
    do what it is that they need to do their
  • 00:21:38
    duty and obligation as a credit bureau.
  • 00:21:41
    So typically, except for Experian,
  • 00:21:44
    Experian is probably one of the people
  • 00:21:46
    that especially what I've heard from an
  • 00:21:49
    attorney who specifically
  • 00:21:51
    works worked with the credit bureaus on
  • 00:21:55
    their cases. She said, "Look,
  • 00:21:57
    TransUnion, Equifax, oh, they'll settle
  • 00:22:00
    fast. But Experian on the other hand,
  • 00:22:02
    they'll they'll they'll take you there."
  • 00:22:04
    Cuz do you know how much they charge
  • 00:22:06
    attorneys charge credit bureaus and debt
  • 00:22:09
    collectors? attorneys will charge them
  • 00:22:11
    eight to,500 an hour. So if you think
  • 00:22:14
    about it, if I'm only suing you for two
  • 00:22:16
    grand, a lot of the attorneys will say,
  • 00:22:18
    "Look, man, you can either pay me
  • 00:22:19
    another two grand to take this all the
  • 00:22:21
    way, or you can just pay
  • 00:22:25
    them." I think that's the best. It's the
  • 00:22:28
    job of the attorney to do what's best of
  • 00:22:31
    the the client. Okay. So, do I want my
  • 00:22:34
    client to end up spending a lot of
  • 00:22:35
    money, or do I want my client to to uh,
  • 00:22:38
    you know, pay me? No. Yeah, I mean, of
  • 00:22:42
    course, I want to get paid, but, you
  • 00:22:43
    know, number three, you want to send a
  • 00:22:45
    conditional acceptance for that loan
  • 00:22:47
    denial. So, one of the things that you
  • 00:22:49
    can ask in your conditional acceptance
  • 00:22:50
    is, "Hey, did you use your depositor's
  • 00:22:53
    funds or credit created from my
  • 00:22:55
    signature?" It's a key question that
  • 00:22:57
    they must ask, and if it goes
  • 00:22:58
    unanswered, then it stands in truth.
  • 00:23:02
    Okay? This is why you could pair an
  • 00:23:04
    affidavit to truth. You could pair what
  • 00:23:06
    you see and known to be truth. And if it
  • 00:23:08
    goes unrebuted, then it's really setting
  • 00:23:10
    up a case for you to sue them for their
  • 00:23:14
    violation,
  • 00:23:16
    misrepresentation, unwillingness to
  • 00:23:18
    answer, my baby. And it's step four, you
  • 00:23:21
    want to demand lawful consideration and
  • 00:23:23
    accounting. What is lawful
  • 00:23:24
    consideration? Lawful consideration is,
  • 00:23:26
    hey, was there an exchange? Would there
  • 00:23:28
    have been an exchange? And again, they
  • 00:23:30
    say, "Well, as soon as they deny me, I
  • 00:23:31
    mean, this is just it's nothing for me
  • 00:23:33
    to really say." No, it is. It's a lot
  • 00:23:35
    for you to say and a lot for you to ask.
  • 00:23:37
    It's But here's the thing. Yes, you get
  • 00:23:39
    denied. And yes, we could easily argue
  • 00:23:42
    some of these things and answer these
  • 00:23:43
    questions, but you if you're not willing
  • 00:23:45
    to do the actual process and write the
  • 00:23:48
    letters and send it to the company and
  • 00:23:50
    take them through the administrative
  • 00:23:51
    process and potentially go to distance
  • 00:23:52
    and take them to court for and build up
  • 00:23:55
    evidence so you can take them to court,
  • 00:23:57
    then don't do this. There's no point in
  • 00:23:59
    you doing this just so you can get
  • 00:24:00
    wrapped up in your head and so emotional
  • 00:24:02
    about, oh, I know the truth. And then
  • 00:24:04
    what you're going to do as soon as they
  • 00:24:06
    deny you, you're you're not going to
  • 00:24:07
    execute any of the steps that I just
  • 00:24:09
    talked about. You're probably going to
  • 00:24:10
    go and just complain and then slide in
  • 00:24:12
    my DMs and say, "Well, how do you
  • 00:24:14
    actually do it?" Well, damn, did you
  • 00:24:16
    watch the video? You know what I mean?
  • 00:24:18
    Like, that's why it's all about a
  • 00:24:20
    frequency thing. Even if you don't
  • 00:24:22
    understand it now, when you go and do
  • 00:24:23
    some due diligence and you come back to
  • 00:24:25
    the video, it's like, damn, he really
  • 00:24:26
    was. He really did tell me everything.
  • 00:24:29
    Okay, I'm not at all saying it's easy.
  • 00:24:32
    Okay, this is why I'll make multiple
  • 00:24:34
    videos saying the same
  • 00:24:37
    things because one topic can probably
  • 00:24:40
    lead somebody to finally say, you know
  • 00:24:42
    what, damn, he really is hitting it on
  • 00:24:45
    the head. And that's my goal. Maybe I'll
  • 00:24:48
    start off and talk about certain things
  • 00:24:50
    and say, "You know what? Boom. I'm
  • 00:24:52
    talking about this specifically, but I'm
  • 00:24:54
    always going to divert it back to the
  • 00:24:55
    administrative process, how to do it
  • 00:24:57
    properly. All this stuff is broken down
  • 00:24:58
    in my complete debt guide." And if you
  • 00:25:00
    have the complete debt guide, it's going
  • 00:25:01
    to be resources and templates along with
  • 00:25:03
    the YouTube videos. Oh man, that's a
  • 00:25:05
    steal. Okay? So, when they say no, you
  • 00:25:08
    pretty much hold them accountable. Now,
  • 00:25:09
    let's talk about turning that denial
  • 00:25:11
    into a legal leverage. Now, if they do
  • 00:25:13
    not respond properly, which you do want.
  • 00:25:15
    If someone comes to me and says, "Well,
  • 00:25:17
    I sent this and they ignored me and it's
  • 00:25:19
    been x amount of months and I haven't
  • 00:25:20
    gotten no response, then oh man, this is
  • 00:25:23
    exactly what you need to do." It's not
  • 00:25:25
    that you come to me and you start
  • 00:25:27
    complaining. You start to truly That's
  • 00:25:30
    when you start getting on the gear.
  • 00:25:33
    That's when you take it to a next gear
  • 00:25:35
    because I'mma ask you directly, did you
  • 00:25:37
    sue them? Did you try? Oh, well, no. Oh,
  • 00:25:40
    I was just waiting on See, you waiting
  • 00:25:42
    on them to give you permission. Stop
  • 00:25:45
    giving them permission or stop waiting.
  • 00:25:48
    My bad. I didn't mean to do that to your
  • 00:25:49
    ears. But they don't respond. The first
  • 00:25:52
    and simple thing you can do is file a
  • 00:25:54
    complaint with the CFB or the FTC. Best
  • 00:25:57
    to do it with the
  • 00:25:58
    CFB. More than likely is something is
  • 00:26:01
    not going to happen right away. Okay?
  • 00:26:04
    This is just you moving in honor and
  • 00:26:07
    building a case. Okay?
  • 00:26:10
    If something happens, great. If it
  • 00:26:12
    doesn't, great. You're building your
  • 00:26:14
    case. Then you want to prepare a notice
  • 00:26:16
    of intent to sue under the Equal
  • 00:26:18
    Opportunity Act or the Fair Credit
  • 00:26:21
    Reporting Act. Okay? You want to ask for
  • 00:26:24
    damages plus
  • 00:26:26
    reconsideration. Okay? You want to use
  • 00:26:29
    that paper trail from you asking them
  • 00:26:32
    those questions about the adverse action
  • 00:26:34
    letter, what they sent you over time,
  • 00:26:37
    when they sent you things, and you want
  • 00:26:40
    and that notice of intent to sue you
  • 00:26:42
    giving them another opportunity to cure.
  • 00:26:44
    You want to use that as as a paper trail
  • 00:26:47
    for small claims or a federal complaint
  • 00:26:50
    or an or if you want to do an
  • 00:26:52
    administrative lean. And you can also
  • 00:26:54
    push for reconsideration with stronger
  • 00:26:57
    terms. So understand that a denial
  • 00:27:00
    without lawful basis equals damages in
  • 00:27:04
    court. They have actually harmed you
  • 00:27:07
    when they deny you. Not only that, they
  • 00:27:09
    have stolen from you. And I don't mean
  • 00:27:11
    to get you emotional, but I when I get
  • 00:27:13
    you emotional, it's so that you can
  • 00:27:14
    start to treat things like damn, okay,
  • 00:27:16
    they are doing that to me, but I'm also
  • 00:27:19
    doing it to myself as well. It's like
  • 00:27:21
    going to the gym. There's people who get
  • 00:27:23
    mad because they're gaining weight. Oh,
  • 00:27:25
    they're making things not nutritious.
  • 00:27:27
    What am I supposed to do? Someone say,
  • 00:27:28
    "Well, I'm fat because I'm in America."
  • 00:27:31
    Like, "So, you're a product of your
  • 00:27:33
    environment?" I don't know if y'all seen
  • 00:27:34
    that Tik Tok, but look, are you a
  • 00:27:37
    product of your environment? Is that
  • 00:27:38
    your excuse? Cuz you live in
  • 00:27:42
    America. Stop it. Stop waiting on your
  • 00:27:46
    somebody to to to to hand you your plate
  • 00:27:50
    and create your own plate. Okay? Because
  • 00:27:54
    those same people will get that plate of
  • 00:27:56
    food right of opportunity and they
  • 00:27:59
    decide not to eat it. If it was some
  • 00:28:02
    healthy food, some nutritious food
  • 00:28:03
    that'll make you stronger, better,
  • 00:28:06
    they'll decide to say, "You know what?
  • 00:28:09
    I want this plate that does nothing for
  • 00:28:11
    me, doesn't serve me, doesn't make me
  • 00:28:13
    healthy. We got people in the fitness
  • 00:28:14
    industry right now can give you a whole
  • 00:28:16
    nutrition plan on how to lose weight.
  • 00:28:18
    And then a workout plan. And some people
  • 00:28:20
    would say, "Well, I ain't doing that."
  • 00:28:22
    Right after that, they're going to go to
  • 00:28:23
    McDonald's. Hey, well, that's not fun to
  • 00:28:25
    me. And that's exactly why you're fat,
  • 00:28:27
    my baby. And I'm not here to fat Shane.
  • 00:28:30
    I don't care what you do with your body.
  • 00:28:32
    Just don't complain about it. That one's
  • 00:28:33
    for you. Now, now that we understand
  • 00:28:36
    that denials is just the beginning when
  • 00:28:39
    you when you know consumer law, that's
  • 00:28:41
    literally just the start of a legal
  • 00:28:43
    process and and and the start of you
  • 00:28:46
    being able to potentially sue them or
  • 00:28:49
    better yet know exactly what you need to
  • 00:28:51
    do so that you can get approved next
  • 00:28:53
    time. You now want to understand that
  • 00:28:56
    you can now flip the script, assert your
  • 00:28:58
    rights, and never let the system say no
  • 00:29:01
    without a fight. If you truly want to
  • 00:29:03
    win, you got to be willing to fight. You
  • 00:29:05
    got to be willing to take them to the
  • 00:29:06
    task. You got to be willing to hold them
  • 00:29:08
    accountable. And if you're not willing
  • 00:29:10
    to do that, do not complain. If you're
  • 00:29:12
    not willing to go to the gym and work
  • 00:29:14
    that body out, then don't
  • 00:29:17
    complain. If you're not willing to do
  • 00:29:20
    the due diligence to learn how to
  • 00:29:22
    communicate with a debt collector,
  • 00:29:23
    credit bureau, a a bank, don't complain
  • 00:29:27
    to them. You should be complaining. You
  • 00:29:29
    should be getting mad at yourself. You
  • 00:29:30
    feel me? Now, now that we got all the
  • 00:29:32
    way to the end, if you got all the way
  • 00:29:33
    to the end, you're the real one. All
  • 00:29:35
    right, all my people that's in the
  • 00:29:36
    Twitch, y'all real too. Dig me? First
  • 00:29:39
    things first, go ahead and tap into the
  • 00:29:40
    Twitch down below. Hit the follow
  • 00:29:42
    button. Road to affiliate. Number two,
  • 00:29:46
    if you want to tap in with the complete
  • 00:29:48
    that guide, I'm going to put a credit
  • 00:29:50
    denial response kit within the next
  • 00:29:53
    couple of days. I'm going to put it
  • 00:29:54
    together, throw it in the uh complete
  • 00:29:56
    that guy. So, if you don't have the
  • 00:29:58
    complete that guide already, go ahead
  • 00:29:59
    and tap in. tap in now because I'm
  • 00:30:03
    thinking about taking the well I'm not
  • 00:30:05
    thinking about it. The complete that guy
  • 00:30:06
    is going to be on a on a subscription
  • 00:30:08
    model because I think that there's some
  • 00:30:09
    people that purchase the complete that
  • 00:30:11
    guide and they don't use it properly. So
  • 00:30:15
    every time you see that number ding on
  • 00:30:17
    your screen, you're going to be all
  • 00:30:18
    right bet. Damn, let me go read this so
  • 00:30:20
    I don't have to keep doing this for
  • 00:30:21
    another month. Because to be honest, you
  • 00:30:23
    should have it for a little bit and then
  • 00:30:25
    boom, take what it is that you need and
  • 00:30:28
    keep it moving. I might have had this
  • 00:30:30
    whole lifestyle lifetime and then a year
  • 00:30:32
    later you say, "I bought this a couple a
  • 00:30:35
    couple months ago." Well, look, it's 12
  • 00:30:37
    months ago and I can't get into it.
  • 00:30:39
    Well, damn. I gave it to you for that
  • 00:30:42
    price point and you decided not to use
  • 00:30:44
    it. It wasn't that important to you.
  • 00:30:47
    Yeah. So, I'm going to hit you in the
  • 00:30:49
    head every time you don't take it
  • 00:30:51
    serious. Okay? And maybe you'll say,
  • 00:30:53
    "You know what? Damn, let me actually
  • 00:30:54
    watch his YouTube videos." But either
  • 00:30:57
    way, I appreciate it. Either way,
  • 00:30:59
    appreciate the the support, the love.
  • 00:31:01
    Anybody taps into the complete debt guy,
  • 00:31:03
    buys my products and services, I'm still
  • 00:31:05
    going to hold you accountable. Tap in
  • 00:31:07
    with the complete debt guy. Number two,
  • 00:31:09
    if you want to work with me oneonone,
  • 00:31:11
    whether it's credit, funding, um, and
  • 00:31:15
    I'm also opening up a credit, not a
  • 00:31:18
    credit, a creator mentorship. So, if
  • 00:31:20
    you're looking to be a creator, you're
  • 00:31:22
    looking to get to 300,000 followers,
  • 00:31:24
    you're looking to get to 100,000
  • 00:31:25
    followers and and be able to market your
  • 00:31:27
    business using or becoming a creator,
  • 00:31:30
    that is another mentorship I'm opening
  • 00:31:32
    up as well. Okay? It'll be custom for
  • 00:31:35
    certain people if you tap in early, but
  • 00:31:37
    when it's fully built out, just know
  • 00:31:41
    it's probably going to be very
  • 00:31:43
    exclusive. Number three, if you want to
  • 00:31:46
    follow me on Instagram, tap in at
  • 00:31:47
    biz.nick on Instagram. Also tap into the
  • 00:31:50
    Twitch again if you want to see the live
  • 00:31:53
    breakdowns. Okay, my last question
  • 00:31:56
    is make sure you well, have you ever
  • 00:32:00
    been denied for credit and didn't know
  • 00:32:02
    exactly what to do, how to respond.
  • 00:32:04
    Comment below. Let us know your
  • 00:32:06
    situation. If there's any new laws that
  • 00:32:08
    I should talk about, tap in in the
  • 00:32:10
    comment section. If you gotten all the
  • 00:32:12
    way to the end, comment the word
  • 00:32:13
    reconsider below if you've been denied
  • 00:32:17
    unfairly. switching it up on y'all.
  • 00:32:19
    Remember to like, subscribe, because
  • 00:32:21
    rejection is fuel for remedy when you
  • 00:32:24
    know the game. I love you guys and I'll
  • 00:32:26
    see you in the next one.
Tags
  • credit denial
  • adverse action notice
  • consumer rights
  • Equal Opportunity Act
  • Truth in Lending Act
  • credit report
  • dispute inaccuracies
  • legal leverage
  • financial education
  • creditworthiness