ICBA - Online Education Courses - Online: Fair Credit Reporting Act: Risk Based Pricing

Online: Fair Credit Reporting Act: Risk Based Pricing

Risk-based pricing is the practice of offering materially more favorable or materially less favorable credit terms to consumers based on the consumers' credit history. The Fair Credit Reporting Act(FCRA) dictates the rules financial institutions are required to follow regarding risk-based pricing and providing consumers risk-based pricing disclosures.

This program contains 1 module(s)

1 CPE Credit(s)

Category:  Compliance - Bank Specific

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