Fair Credit Reporting Act is brought to you by Lorman
Understand Metro2®, eOscar, and your compliance requirements for consumer credit reports within the CFPB.
Like many consumer protection statutes, the Fair Credit Reporting Act presents unique compliance challenges for creditors and other data furnishers of consumer credit information. From responding to disputes made through the various credit bureaus to direct consumer disputes, your company must have the right policies and procedures in place to comply with the law and recent CFPB mandates. This topic will provide a step-by-step discussion on how to respond to various types of consumer credit report disputes and show you how to establish best practices and policies that will keep your company in compliance.
- You will be able to recognize definitions, key terms, requirements and potential liabilities regarding the FCRA.
- You will be able to recognize how to respond to credit reporting disputes.
- You will be able to recognize how to establish a comprehensive AUD policy.
- You will be able to recognize the relationship between the CFPB and the FCRA.