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What is the difference between "Limited Credit Experience" and "No Credit File" in an adverse action notice?

When sending an adverse action notice, when should we mark “Limited Credit Experience” instead of “No Credit File”? Are they not pretty much the same thing?

A “Limited credit” and “no credit” suggest two different situations. “Limited credit experience” suggests a report with few items or no major trade line.” “No credit” indicates there is nothing in the credit report or that no credit report exists. (September 2017)

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