FCRA: Adverse Actionÿ
Course Number: ABA
Course Code: ABA
Provides the adverse action requirements of the FCRA, including notices based in whole or in part on a consumer report to contain information about credit scores if the consumer’s credit score was a factor in the adverse action.
Duration: Approximately 20 minutes
Created: November 2018
What You’ll Learn
After successfully completing this course, you will be able to:
-Describe the FCRA adverse action requirements when information from consumer reporting agencies and certain other third parties is used in a decision that adversely affects a consumer
-Describe the requirements for credit score disclosures
Audience: Personnel involved in declining credit, insurance or employment based on consumer reports.