I seem to have a brain block on the Negative Information Disclosure. Is the negative information disclosure required on commercial loans, when the borrower is a business and the co-borrower is an individual? Our loan platform states it is required on transactions made for personal, family or household purposes. However part of the reg says it is required when you report a customer’s information to a CRA. We report on businesses; therefore, that’s where I am coming from that they need the notice. Am I totally crazy? 😕