EmailReading Credit Reports Series – Equifax Webinar
Reading credit reports use to be simple! However, today the average credit report is over 7 pages long depending on the file format, and it takes a Medical degree to diagnose if my patient/customer is sick or not. You are not in the PRACTICE of medicine. YOU have to know! It’s not what you know that will hurt you when making loans, but what you don’t know! In this Informative session we will review EQUIFAX Credit Reports, the different file formats, and specific add-on products available that might make your life easier. We will also cover keys points of the Fair Credit Reporting Agency (FCRA) & Fair & Accurate Credit Transaction Act (FACTA) compliance as well as consumer disputes.
Covered Topics:
•Input of consumer data to retrieve credit report.
•Lending Red Flags such as “No Records” or “Thin Files.”
•Review different the different Credit File formats known as Acrofile & Acrofile Plus
•Determine which file is best for your company and why.
•BEACON Credit Scores & what affects the beacon score and why.
•Other “Add-on” products such as SAFESCAN and the benefits.
•DLA to all the other abbreviations that appear on the report.
•Determining the status of bankruptcies, judgments, liens, and other public records.
•Accounts Receivable Scoring – Prioritize your efforts, and collect your accounts sooner.
•Reporting data time frames, legal requirements and when information has to purged.
•Using credit reports to prevent fraud when opening checking accounts!
Who Should Attend?
This informative session is designed for your CEO, President, Managers, Branch & Assistant Managers, Loan Committee, Credit Analyst, Lenders, Compliance Officers, Collectors, & Human Resource Trainers.
Instructor: Greg Souther
Schedule and Registration Information
Choose the delivery type that best suits your needs. Tuition includes textbook (if applicable).
Webinar times are EST. All other class times are local time.
| Delivery Type | Start Date | End Date | Start Time | End Time | Location | Tuition | |
|---|---|---|---|---|---|---|---|
| In-House | Any | Submit Request |
