Description
Understand how and when to report loan changes to consumer reporting agencies when changing loan terms.
What Youll Learn
After successfully completing this course, you will be able to:
Recognize FCRA principles impacting refinanced or modified loans
Determine when a creditor has the right to a credit inquiry when a loan change is initiated
Understand prohibited actions related to consumer reports
Understand the required Credit Score Disclosures
Define adverse action and identify information that must be included in adverse action notices;
