Webinar: Effective Management of Credit Report Disputes
May 15, 2025 3:00 pm - 4:30 pm
Do you know the unique operational and compliance challenges posed by credit reporting disputes?
From automated disputes to direct disputes and all the gray areas in between, this session will provide a common-sense approach to FCRA dispute compliance and management. Join credit reporting veteran David Reed as he cuts through the regulatory web and shares a clean and manageable credit reporting process for your institution.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Appreciate the increasing compliance risks in credit reporting
- Maximize the credit reporting dispute process
- Examine the optimal alignment for the dispute management task
- Understand the critical steps to respond to credit report disputes
- Create a plan for effective dispute management
- Identify and avoid common compliance landmines
WEBINAR DETAILS
The Fair Credit Reporting Act remains a high-value litigation target, and it appears the growing issue of managing credit reporting disputes is more than just an internal struggle at your institution. It is receiving added attention from both examiners and consumer protection attorneys. In fact, regulators have linked credit reporting irregularities with lapses in Equal Credit Opportunity Act compliance and promise swift action. You need to be prepared! From policies and procedures to quality assurance and organizational charts, this essential function impacts every financial institution and there are some basic steps you can take to increase efficiency, reduce risks, and calm your compliance nerves.
WHO SHOULD ATTEND?
This informative session is designed for senior executives, managers, compliance staff, lending staff, collections managers, frontline managers, internal auditors, and anyone involved with credit reporting.
TAKE-AWAY TOOLKIT
- Sample credit report dispute resolution procedures
- Sample credit report dispute response letters
- FCRA examination guidance
- Sample FCRA policy
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: David A. Reed, Reed & Jolly, PLLC
Attorney, author, consultant, and nationally recognized trainer, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.