Reporting Your Credit Data, METRO2, E-OSCAR & FACTA Section 312 Accuracy and Integrity Compliance Deadline
|Date / Time:
Whether you report to one or all four of the National Credit Reporting Agencies (CRA), you are required to comply with the Fair Credit Reporting Act and the FACTA amendment.
It's not what you know that will hurt you-it's re-polluting the consumer's file that can cost your Financial Institution plenty! We will review FACTA Section 312- new Accuracy and Integrity Guidelines, E-OSCAR, and using the METRO-2 format.
We will also discuss the pros and cons of reporting to more than one NCRA (National Credit Reporting Agency), and why you should run quality control checks on your data to make sure it is correct, and you are in compliance.
- Your responsibilities under the FACTA-Red Flag Guidelines as a Data Furnisher. NEW FACTA Section 312 - Compliance Deadline July 1, 2010
- Using E-OSCAR to view and respond to consumer disputes (ACDV Responses).
- Using E-OSCAR to create and submit interim maintenance requests (AUDs) for previously reported trade-lines.
- Review the different guidelines for reporting to each of the National Credit Reporting Agencies; Equifax, Experian, Innovis, and Trans Union.
- Reporting your information monthly using the METRO-2 format.
- Reviewing your tradeline information in order to be in compliance and reduce risk.
Who Should Attend
The changes to FACTA will impact everyone in your institution dealing with consumers, credit information, and/or Identity Theft. This informative session is for Branch Managers, Assistant Branch Managers, Customer Service Reps, Consumer Lenders, Compliance Officers, Risk Officers, Collectors, and Trainers.
Greg Souther, President of Greg Souther Consulting &Seminars (www.gregsouther.com) is a firm that provides training and consulting to businesses in the areas of Customer Service &Communication; Credit &Collections; Fraud &Security; Human Resources, and Marketing &Sales.
With over 25 years of training and speaking experience, Greg shares practical "how to" advice that everyone can easily understand and use in their daily work environment. Greg's unique style of "tell it like it is" and humor makes him a popular speaker for any group.
Greg was a Co-Owner and President of The Credit Bureaus of Southeast Georgia, the parent company for six Credit Reporting and Collection Agencies. He has worked in various management, marketing, and consulting roles with Credifax, the Credit Bureau of Valdosta, and the Credit Bureau of Athens.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in Internet Recorded Until 9/17/2010 Or CD versions, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
Webcasts, audio conferences, and podcasts are presentations that you
attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back
at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous
times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the
presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
|About The Provider:
||Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.
For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.
We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.
Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.
Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
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