Wednesday, June 12, 2013
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Much time and effort has been spent on the treatment of a borrower based on their credit score. But when was the last time you really considered the importance of a credit report’s creation? How about the risks? Access to reasonably-priced credit is an essential element in every member’s economic life and no factor is more important than their credit score. But what happens if there is a mistake in the score and it’s your fault?
The Fair Credit Reporting Act and FACT Act apply to every credit union that reports member information to a credit reporting agency and the fines for improper reporting can be substantial! Throw privacy and bankruptcy into the mix and there are real liabilities to address. Are you fully compliant with the requirements of the Metro 2 reporting format? Are you utilizing e-Oscar to its fullest? Join this session to learn more about this often-invisible operational area.
Continuing Education: Attendance verification for CE credits upon request
- Conducting a credit reporting inventory
- Understanding the requirements of Metro 2
- Harnessing the power of your IT function
- Excelling with e-Oscar
- Credit reporting best practices
- TAKE-AWAY TOOLKIT
- Sample credit reporting policy
- Credit reporting inventory checklist
WHO SHOULD ATTEND?
This informative session is designed for executives, senior managers, department managers, project managers, and anyone involved in the credit reporting function.
Webinar content is subject to copyright and intended for your individual credit union’s use only.
MEET THE PRESENTER
Reed & Jolly, PLLC