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A Practitioner's Guide to FINRA Sanctions Analysis
Safely Assessing Ability to Pay in a Pandemic - Extending a Lifeline Without Sinking the Ship [CC]
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Safely Assessing Ability to Pay in a Pandemic - Extending a Lifeline Without Sinking the Ship [CC]
COVID has damaged our economy, with shutdowns forcing consumers into unprecedented financial stress. Changes to the FCRA's credit reporting requirements have made evaluating ability to repay more difficult when consumers dearly need credit. Our panel will discuss ability to repay challenges in the COVID era, including the repeal of the CFPB payday rule and a recent state AG action involving auto loan underwriting and lessons learned that may apply to other forms of credit.
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Product Details
Panelists
Christopher Johnson Willis, Erin Danielle Grotheer, Huilan Ping
Sponsors
Product Code
CL2009VSAM20OLC
Duration
60
Publication Date
9/22/2020 12:00:00 AM
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