Interference With Expectancy of Credit

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David A. Szwak
Posts: 4126
Joined: Tue Jul 26, 2005 4:15 am

Interference With Expectancy of Credit

Post by David A. Szwak »

is akin to interference with a prospective [or actual] contractual relation. Even the application for credit is a contract between consumer and lender. It is an agreement to consider and evaluate the application for decisioning on whether to grant credit or not. Implied is a requirement of good faith and fair dealing and express are the laws regarding non-discrimination, etc.

Thus a bad credit report interferes with your expectancy of credit but also interferes with the application evaluation.
David A. Szwak
Bodenheimer, Jones & Szwak, LLC
416 Travis Street, Suite 1404, Mid South Tower
Shreveport, Louisiana 71101
318-424-1400 / Fax 221-6555
President, Bossier Little League
Chairman, Consumer Protection Section, Louisiana State Bar Association
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