Publications | Book
Her Story: The Resilient Woman Lawyer's Guide to Conquering Obstacles, Book 2
How the TransUnion v. Ramirez decision and the CFPB are impacting FCRA Legal and Compliance Activity [CC]
![How the TransUnion v. Ramirez decision and the CFPB are impacting FCRA Legal and Compliance Activity [CC]](/content/dam/aba-cms-dotorg/products/ecd/ondemand/416756042/416756042.Def.L.png.transform/product-2x/img.png)
How the TransUnion v. Ramirez decision and the CFPB are impacting FCRA Legal and Compliance Activity [CC]
Select your state to learn more about the credit details and status of CLE application. Credit is not available for states not listed.
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Available for credit
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
Substantive Law
Status:
Available for credit
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Available for credit
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for upon completion
1.00 credit hours
Available until:
12/31/2023
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for upon completion
1.00 credit hours
Available until:
10/10/2026
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
12/31/2023
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2025
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.20 total credit hours including
-
General
Status:
Available for credit
1.20 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for upon completion
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Available for credit
1.00 credit hours
Available until:
10/10/2024
1.20 total credit hours including
-
General
Status:
Reciprocity
1.20 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2026
1.00 total credit hours including
-
Areas of Professional Practice
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for
1.00 credit hours
Available until:
12/31/2023
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
Substantive
Status:
Available for credit
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Self apply
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Available for credit
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Applied for
1.00 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
General
Status:
Approved
1.00 credit hours
Available until:
10/10/2024
1.20 total credit hours including
-
General
Status:
Approved
1.20 credit hours
Available until:
10/10/2024
1.00 total credit hours including
-
Law & Legal Procedure
Status:
Approved
1.00 credit hours
Available until:
10/10/2026
1.20 total credit hours including
-
General
Status:
Applied for
1.20 credit hours
Available until:
10/10/2024
$00
NON-MEMBERS
$00
MEMBERS
$00
YOUR PRICE
*Additional discounts may apply at checkout
Log In to view your rate
Unlock the discounted member rate
Join first as a member, and then purchase this product at special member pricing
Closed Captioned.
Listen to a review of disputes including differences between disputes and complaints, and the requirement to conduct a reasonable investigation, including of direct disputes to the furnisher, and reasons for why an investigation would not be required at all), indirect disputes sent to the CRA and forwarded to the furnisher (requiring an investigation within 45 days or the dispute will be deleted by the CRA), and common regulatory and operational issues with disputes, such as the adequacy of policies and procedures, reasonableness/timeliness of investigations, deleting/modifying tradelines, volume of disputes, lag time of dispute reporting, CRAs rejection of furnishing updates, and variability in how CRAs report and ingest credit data.
Our distinguished faculty highlight and explain the recent uptick in CFPB complaints since COVID-19 (from 2019 to 2020), and the how and why the majority of all CFPB complaints relate to credit reporting, with many complaints relating to inaccurate information on a consumer���s credit report.
The Supreme Court���s decision in TransUnion v. Ramirez is used as a case study, demonstrating how plaintiffs in a class action need to show concrete harm (as opposed to alleged reputational harm). The panel also explains the importance for furnishers to reduce instances of harm to consumers per the TransUnion v. Ramirez case as this may reduce exposure to potential litigation.
This program outlines a few key considerations and best practices:
1. Maintaining appropriate documentation including policies and procedures aligned with FCRA and current processes
Conducting reasonable investigations of disputes
Documenting all furnishing business rules including any deviations from the Metro 2�� guide
2. Furnishing Quality Control and testing on at least a monthly basis
Performing data analytics on the full furnishing file
Sample testing of tradelines
3. Conducting dispute investigations with complaint tracking and analysis
Tracking both direct and indirect volumes by dispute/complaint type and aging of disputes and complaints
Identifying systemic issues with credit reporting processes if there are upticks in certain dispute and complaint types
4. Change management
Staying abreast of regulatory changes such as the CARES Act requirements
Staying ahead of product and system changes and engage early and often with business, technology, and other stakeholders to understand the downstream impact to credit reporting
Product Details
Speakers
Moderators
Sponsors
ABACLE, FTI Consulting
Product Code
CE2110FTIOLC
Duration
60
Publication Date
10/11/2021 12:00:00 AM
Related Products
Publications | Book
The Historic Tax Credit: A Practitioner's Guide to the Technical Tax Issues, 2nd Edition
Publications | Book
ERISA Survey of Federal Circuits, 2024 Edition
Related Events
Aug
20
Events | In-Person
2024 Antitrust Global Seminar Series: Sydney
The ABA Antitrust Law Section will be hosting another Global Seminar Series (GSS) in Sydney on August 21st, where a group of distinguished faculty members will be brought together to discuss competit…
Jun
04
Events | In-Person
2024 Antitrust in Healthcare
CLE 60 min
The Antitrust in Healthcare Conference continues a rich tradition with this jointly sponsored conference from the Antitrust Law and Health Law Sections. Healthcare continues to be in the antitrust sp…
May
07
Events | In-Person
2024 ILS Annual Conference
BIAS 60 min
Join us for a four-day conference exploring the theme of The Power & Progress of International Law. This event provides registrants with the opportunity to network, learn, and engage with hundreds of…