Consumer Risk Based Pricing Forms

$200.00

$50 Annual maintenance fee

If you offer risk based pricing products you need these forms to stay in compliance. Even if the borrower does not have a score, the form must still be provided to that individual. Thanks to the cooperative resources of the network, this form is available at prices well below market average to satisfy Regulation V.

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Schedule of Tasks

Once you signup, we can have the forms setup and configured within three business days.

How it Works

This form will generate a copy for each borrower on a loan or existing application. If the member does not have a credit score on file, a ‘No Score’ Notice will print automatically for that member.

The cost for the Consumer Price You Pay for Credit form is a one-time fee of $200, along with an annual maintenance fee of $50. The maintenance fee is to update the forms each year with the latest scoring model information obtained from each of the credit bureaus. The “No Score Notice” is provided free of charge.

Requirements/Prerequisites

Online form to sign up: credit union name, credit bureau, Scoring Model, Credit union contact name, contact email, contact phone.

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