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      Safely Assessing Ability to Pay in a Pandemic - Extending a Lifeline Without Sinking the Ship [CC]

      Safely Assessing Ability to Pay in a Pandemic - Extending a Lifeline Without Sinking the Ship [CC]
      CLE 60 min

      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

      Business Law Section

      Co-sponsors

      Consumer Financial Services, Credit Unions, International Business Law, International Coordinating

      Product Code

      CL2009VSAM20OLC

      Duration

      60

      Publication Date

      9/22/2020 12:00:00 AM

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