updated 10/25/13 01:00 PM
COMPLY WITH REGULATIONS B AND V
Credit Score, Risk-Based Pricing
Is your credit union correctly following the rules for notifying members about credit scores, risk-based pricing, and adverse action?
Get the confidence to know you are in compliance by attending the Regulation B and Regulation V Compliance webinar on Nov. 13.
Click here to register.
Credit union compliance expert Mary-Lou Heighes will give you the tools you need to provide these important notices in the required format and timing, including:
  • How to decide which notices (credit score or risk-based pricing) should be given, along with copies of all the notices to choose from.
  • When the notices need to be provided.
  • What defines an adverse action, along with the different rules for Fair Credit Reporting Act (FCRA) and Regulation B.
  • When and why your credit union would not provide credit scores or credit reporting agency information in an adverse action notice.
  • Who is required to receive an adverse action notice.
  • Under what circumstances adverse action notices are not required.
  • Contents for adverse action and credit score/risk-based pricing notice.
  • Timeframes for notifications of adverse action.
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