Webinar

All Things Credit: Understanding Consumer Credit Reports, Credit Scores, Preventing Fraud & FCRA/CFPB Compliance – Part 1

A two-part webinar designed to prevent fraud and help ensure regulatory compliance in lending.

Part 1 covers credit related products that will help you  prevent consumer application fraud, lend to the best applicants, prevent/reduce bankruptcy, streamline the process, and of course, compliance including key points of FCRA and FACTA compliance.

Highlights

  • Catching fraud before it happens:
    • Identity theft prevention must be part of your Red Flag Guidelines
    • How crooks use the system to create fake credit files
    • Shady consumers use legal TINs to create new credit identities
    • Fraud alert products that work to reduce risk & keep you in compliance
    • Reporting fraud to the authorities
  • Using credit scores to streamline the lending process:
    • Credit scoring when opening, monitoring, and closing accounts
    • Credit scores – what information affects the score
    • Credit scoring to prioritize accounts receivable
    • Improving your consumer’s credit score
    • New bankruptcy scoring models-will they work?
    • The New Advantage Score. Are you ready?
    • Building a better portfolio and Red Flags to watch for in loan review.
    • AR Scoring – prioritize your efforts, and collect your accounts sooner
  • Compliance, Compliance, Compliance:
    • New Adverse Action Notices
    • Disparate treatment associated with credit scoring,
    • RED FLAG Guidelines
    • Fraud & Military Alert Notifications requirements
    • Permissible Purpose
    • Consumer disputes- you cannot ignore or just refer to NCRA
    • Disposal of confidential records
    • Accuracy & Integrity of Data- preventing re-pollution
    • Providing free credit reports to consumers
       

Audience

Lenders, branch managers, CSRs, HR, compliance officers, risk officers, collectors and  trainers.

Speaker

Greg Souther, Greg Souther Consulting.

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 hrs./session CRCM/CLBB/CPB/CCSR.

Pricing

Live Webinar:

Member price: $265.00 | Non member price $530.00

On-Demand Webinar

Member price: $280.00 | Non member price $560.00

Registration

Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

ConferenceEdge
4434 W. 29th St., Denver, CO  80212

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.

Commands