Initial policy
Data policy
This initial policy sets expectations for factual reporting, access, correction and governance, subject to legal and server-regulatory review.
01
Factual submissions
Members submit verifiable account and credit events, never subjective ratings.
02
Quality obligations
Institutions must report eligible information accurately, promptly and correct known errors.
03
Purpose controls
Queries and reports require a legitimate lending or monitoring purpose and may be audited.
04
Corrections
Corrections supersede prior events to keep an immutable, understandable history.
RCN credit information supports institutional risk assessment. RCN does not approve, reject, or price credit products on behalf of participating institutions.