Good credit is critical for any borrower, but what happens if a borrower has a mistake in their credit score that's your fault?
Good credit is critical for any borrower, but what happens if a borrower has a mistake in their credit score that’s your fault?
All credit unions that report member information to a credit reporting agency are under strict regulation from the Fair Credit Reporting Act and the FACT Act. Improper reporting from the credit union can therefore result in substantial fines.
Join David A. Reed, JD, as he leads “Nuts & Bolts of Effective Metro 2 Credit Reporting via e-OSCAR” on Wednesday, June 12 from 2-3:30 p.m. CST. This useful webinar will explore will help you better understand whether your credit union is compliant with the requirements of the Metro 2 reporting format and if it’s utilizing e-OSCAR to its fullest.
Highlights of the webinar include:
Conducting a credit reporting inventory
Understanding the requirements of Metro 2
Harnessing the power of your credit union’s IT function
Excelling with e-OSCAR
Credit reporting best practices
Participants will also receive a take-away toolkit, which includes a sample credit reporting policy and a credit reporting inventory checklist.
Credit union executives, senior managers, department managers, project managers and anyone involved in the credit reporting function are encouraged to register.
To learn more or register for this webinar, click here.