New Notice Requirements for Credit Score Users under Dodd-Frank
On July 6th the FRB/FTC issued final rules to implement two new credit score disclosure requirements of the Dodd-Frank Section 1100F for creditors who consider consumer reports in making credit decisions. The new requirements will affect creditors who use a credit score in taking adverse action or in making a risked-based pricing determination based on information in a consumer report.
Join Ms. Anne P. Fortney, Partner, Hudson Cook and former Associate Director for Credit Practices in the FTC's Bureau of Consumer Protection for a rebroadcast event to learn what you need to know about the requirements for giving adverse action notices and risk based pricing disclosures now, and once the new requirements go into effect. You will be able to benefit from an extensive and informative recorded Q&A session from your industry peers and moderated by CDIA's President and CEO Stuart Pratt.