Description
This course describes the FCRA limits on when and how financial institutions may share consumer information with others, including their affiliates. It also covers rules about using consumer information from an affiliate for marketing purposes, including the notice and opt-out rights.
What You’ll Learn
After successfully completing this course, you will be able to:
- Describe the requirements that allow financial institutions to share consumer information between affiliated entities without becoming a consumer reporting agency
- Describe when consumer information from an affiliate may be used for marketing purposes and related opt-out notices
