Effective Management of Credit Report Disputes: ACDVs, AUDs & Joint Credit
On-Demand Webinar:
StreamedSep 13, 2021Duration90 minutes
- Unlimited & shareable access starting
two business days after live stream - Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Credit reporting sparks regulators’ attention – in part because credit reporting problems are one of the chief consumer complaints.
Do you have a dispute process in place? Is it
consumer-friendly? What will the regulators think? This webinar will address
operational and compliance issues and give you a path to FCRA dispute
management and compliance.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Appreciate the increasing credit reporting compliance risks
- Break down the credit reporting process
- Examine the optimal alignment for the credit reporting task
- Employ the critical steps to respond to credit report disputes
- Create a plan for effective dispute management
- Identify and avoid common compliance landmines
WEBINAR DETAILS
There could be danger hiding among
your credit reports! The credit reporting function has taken on added
significance in recent years with increased borrower awareness of the power of
the credit score, the rise of CFPB regulations and complaint tracking, and highly
motivated consumer protection attorneys. Credit reporting continues to be one
of the most-cited consumer concerns and has therefore received added attention
from the CFPB, examiners, and the legal community. From policies and
procedures, to quality assurance and organizational charts, this essential
function impacts every financial institution and there are some basic steps
that can increase efficiency, reduce risks, and calm your compliance nerves.
Fortunately, the regulations, examination guidance, and
hard-earned experience create a detailed model of a fully compliant credit
reporting function – if you know where to look. This webinar will focus on the
unique operational and compliance challenges posed by credit reporting
disputes. From automated disputes to direct disputes and all the gray areas in
between, this session will provide a common-sense approach to FCRA dispute
compliance and management. Join credit reporting veteran David Reed as he cuts
through the regulatory web and shares a clean and manageable credit reporting
process for your institution.
WHO SHOULD ATTEND?
This informative session is designed for senior executives, managers, compliance staff, lending staff, collection managers, frontline managers, internal auditors, and anyone involved with credit reporting.
TAKE-AWAY TOOLKIT
- FCRA examination guidance
- Sample FCRA policy
- Sample credit report dispute resolution procedures
- Sample response letters
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
Presented By
Reed & Jolly, PLLC
© 2022 FINANCIAL EDUCATION & DEVELOPMENT, INC