Posted by John Behle on March 10, 2002 at 22:45:44:
Even asking for permission can reveal a great deal. When originating a transaction it is best to ask for it and important to do so. Technically, when extending credit, you have a right, but it is a bit of a controversial area. Even in the secondary market (buying an existing note) it is still best, when it won’t lead to some kind of commissiondectomy - the payor connecting with the seller and cutting you out of the transaction.