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Fair Credit Reporting Act (FCRA)
Individual Licence (EUR 60)
€60.00
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Fair Credit Reporting Act (FCRA)
€60.00
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Flexible returns
Buying for a team?
Choose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.
Develop practical knowledge and confidence in Fair Credit Reporting Act (FCRA).
This course will introduce the learner to the Fair Credit Reporting Act (FCRA) by outlining how the Act ensures that credit reporting agencies accurately report customer credit information. The learner will also understand details concerning the FACT Act, identity theft, adverse action, and prescreening. After completing this program, the learner will be able to:
Why this course matters
This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.
What you will gain
- Build a practical understanding of the key concepts covered in Fair Credit Reporting Act (FCRA).
- Recognise where the topic applies in real workplace or business situations.
- Apply the methods and good-practice approaches covered in the course with greater confidence.
Who is this course for?
This course is suitable for professionals, managers, business owners and learners who want practical knowledge they can apply in real workplace situations.
Course at a glance
- Study time: approximately 1 hour.
- Format: self-paced online learning.
- Professional development: CPD course.
Course Outline
Seat Time: 1hrs
This course will introduce the learner to the Fair Credit Reporting Act (FCRA) by outlining how the Act ensures that credit reporting agencies accurately report customer credit information. The learner will also understand details concerning the FACT Act, identity theft, adverse action, and prescreening. After completing this program, the learner will be able to:
- Identify what the FCRA regulates and the means by which it does so.
- Identify negative information.
- Understand the procedures regarding adverse action and credit reports.
Course Topics
T1. FCRA: This topic will provide the learner with an overview of the Fair Credit Reporting Act, and important information regarding credit reports.
T2. FACT Act: This topic will provide the learner with an in-depth overview of provisions required by the Fair and Accurate Credit Transactions Act of 2003 (FACT Act).
T3. Detecting Identity Theft: This topic will define identity theft and provide the learner with examples of how identity theft occurs, in addition to providing a list of identity theft red flags and strategies for preventing identity theft at the institution.
T4. Adverse Action and Prescreening: This topic will define adverse action under the FCRA and ECOA. This topic also provides an overview of the prescreening process and statements of disclosures that are required when offers of credit are made based on a prescreened list.
Continue your learning
Part of this learning pathway: Compliance & Regulatory
Learners also take: Federal Credit Union Act
Course pathway: eBSI Banking Academy > Compliance & Regulatory > Fair Credit Reporting Act (FCRA)
Explore more Compliance & Regulatory training or return to the eBSI Banking Academy.