Today is the day to learn more about the impacts of COVID-19 related to credit scores and reporting. Industry expert Mike Olden takes an in-depth look at what credit unions and members could be facing when it comes to credit scores and getting a loan.
The class starts at 12:00 p.m. ET/11:00 a.m. CT and you can expect to learn the following during the one-hour class:
- How the CARES Act impacts credit reporting
- The responsibilities of credit unions, including best practices for preparing members, addressing errors, and opting out
- Key points on reporting forbearance and declared disasters
- The impact on credit scoring and the effects of forbearance and special comment codes
- Preparing for credit freeze and credit locks
- Member resources for protecting credit files, answering fraud, obtaining free credit reports and addressing reporting errors
ABOUT THE PRESENTER
Mike Olden
Vice President, Sales and Education
American Reporting Company, LLC