In light of the new risk-based pricing provisions of the Federal Trade Commission's Fair and Accurate Credit Transactions Act, CUDL has developed a way to help credit unions that are looking to provide auto dealers with credit score disclosure notices.
The CUSO has developed a new tool that allows CUs to provide dealers with the necessary disclosure notices through the company's lending platform, which gives credit unions the ability to make credit disclosure notices available to dealers that are looking for assistance with being compliant with new FTC FACTA requirements for risk-based pricing notices.
CU Direct Corp., parent company for the CUDL brand, has also confirmed that it will be offering a session addressing the new FACTA risk-based pricing requirements at its 2011 Credit Union Lending Conferences, being held in May, in Newport Beach, Calif., and in September, in Washington D. C.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
