The Fair Credit Reporting Act (FCRA), like many consumer protection statutes represents a unique challenge for creditors and other data furnishers of consumer credit information. Although the language of the FCRA has not substantially changed over the years, the interpretation and enforcement of it has drastically changed in the last 10 years and navigating through those changes can be daunting.
During this informative ninety (90) minute webinar the basics of proper credit reporting will be discussed along with a more in-depth conversation regarding specific pitfalls and challenges that creditors and other data furnishers encounter. You will learn how to navigate these challenges by ensuring that proper policies and procedures are in place to ensure compliance with current CFPB directives in addition to recent changes instituted as a result of the Covid-19 legislation.
Covered Topics
- FCRA Definitions and Key Terms
- Reporting Requirements of the FCRA
- Types of credit reporting disputes
- Responding to disputes through e-Oscar and Metro 2
- Responding to Direct Consumer Disputes
- The Role of the CFPB in Credit Reporting
- Recent CFPB Rulings and Interpretations
- Recent FCRA case law
- Impacts of Covid-19 on credit reporting
- Compliance tips
Who Should Attend?
Anyone who is involved in day to day credit reporting along with decision makers tasked with ensuring rigorous policies and procedures are in place and being complied with.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
View Delivery OptionsRelated Topics
Instructor
Matthew Urban
Matthew D. Urban, is a Shareholder who manages the Pittsburgh Local Law Office and oversees credit union work across Pennsylvania. In addition he practices in the area of Consumer Collections, focusin... read more.
