Description
RELEASE DATE: SEPTEMBER 13, 2021
DURATION: 30 MINUTES
Designed to implement the Fair Credit Reporting Act (FCRA), Regulation V was enacted to ensure the accuracy and integrity of information maintained by consumer reporting agencies. It regulates the collection and use of consumer information and helps protect consumers from the inclusion of inaccurate information in their consumer credit report. In this webinar, join Crystal Sagum, Compliance Officer with ViClarity to discuss your credit union’s responsibilities under Regulation V.
You will learn about:
- Limits on the use of information obtained from an affiliate for marketing purposes
- Requirements for ensuring the accuracy of information submitted by your institution to a consumer reporting agency
- Rules related to pre-approvals and firm offers of credit
- Additional responsibilities for those credit unions engaged in risk-based pricing
- Duties related to protecting members against the risk of identity theft
Looking for other Regulation Alphabet Training
- Click here to learn about training on Regulation B: Equal Credit Opportunity Act
- Click here to learn about training on Regulation CC: Check Holds
- Click here to learn about training on Truth in Savings Act (NCUA Part 707)
- Click here to learn about training on Regulation E: Electronic Funds Transfers
- Click here to learn about training on Regulation Z: Truth in Lending Act (TILA)
MEET THE PRESENTER
Crystal Sagum, CUCE, NCRM
As a Compliance Officer with ViClarity along with over 12 years of financial services experience, Crystal Sagum’s expertise focuses on consumer lending and operations, among a variety of regulatory compliance topics. As a member of our League Compliance Support Team, she provides state and federal compliance guidance and support to ViClarity’s affiliated credit union leagues and partners.