Adverse Action Notice — Steve Johnson

ABC Auto Sales

1234 Main Street, San Diego, CA 92101
(619) 555-0100

Date: September 29, 2026

Steve Johnson
Application Date: September 26, 2026

Notice of Action Taken

Dear Steve Johnson,

Thank you for your recent application for credit. After careful consideration, we regret to inform you that your application has been denied.

This decision was based, in whole or in part, on information contained in a consumer report obtained from the consumer reporting agency identified below, as well as the following principal reason(s):

Principal Reason(s) for Adverse Action

Credit score does not meet minimum requirements
Insufficient number of credit references provided
Length of employment insufficient
Too many recent inquiries on credit report

Credit Score Information

Your credit score was used in making this decision. Your credit score is a number that reflects the information in your consumer report. Your score can change, depending on how the information in your report changes.

Your Credit Score

742

Score Model

FICO 8

Score Range

300 – 850

Date of Score

September 29, 2026

Key Factors That Adversely Affected Your Score

AMOUNT OWED ON ACCOUNTS IS TOO HIGH

TOO FEW BANK/NATIONAL REVOLVING ACCOUNTS

TOO MANY ACCOUNTS WITH BALANCES

TIME SINCE DELINQUENCY IS TOO RECENT OR UNKNOWN

Your score was provided by the consumer reporting agency identified below. The consumer reporting agency did not make the credit decision and is unable to provide you with specific reasons for the decision.

Consumer Reporting Agency

The consumer report used in this decision was obtained from:

Experian

P.O. Box 4500, Allen, TX 75013
Phone: 1-888-397-3742
Website: www.experian.com

The consumer reporting agency identified above did not make the decision to take adverse action and is unable to provide you with the specific reasons why the adverse action was taken. The consumer reporting agency played no part in this decision and is unable to supply specific reasons why this action was taken.

Your Rights Under Federal Law

You have the right to:

✓ Obtain a free copy of your consumer report from the consumer reporting agency identified above, if you request it within 60 days of receiving this notice.
✓ Dispute the accuracy or completeness of any information in your consumer report directly with the consumer reporting agency.
✓ Obtain a free copy of your consumer report annually from each of the nationwide consumer reporting agencies at www.annualcreditreport.com or by calling 1-877-322-8228.
✓ Submit a statement of dispute to the consumer reporting agency if you believe any information in your report is inaccurate or incomplete.

Equal Credit Opportunity Act Notice

The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is:

Consumer Financial Protection Bureau (CFPB)
1700 G Street NW
Washington, DC 20552
Phone: (855) 411-2372
Website: www.consumerfinance.gov

If you have any questions regarding this notice, please contact us at the address or phone number listed above.

Authorized Signature — ABC Auto Sales

Date

Generated by iSoftpull — FCRA § 615(a) / Regulation B § 1002.9 Compliant Notice
This notice satisfies the requirements of the Fair Credit Reporting Act (15 U.S.C. § 1681m)
and the Equal Credit Opportunity Act (Regulation B, 12 CFR § 1002.9).