FCRA: Consumer Reports

This course clearly explains the Fair Credit Reporting Act’s (FCRA) regulations regarding consumer reports, helping you to ensure that your bank’s policies are compliant. You’ll learn important details about consumer reports, such as the purposes they can be used for, what they can contain, and what information is considered obsolete. Then, you’ll learn about the disclosures banks are required to provide under the FCRA, the records they are required to keep, and how the act is enforced. Common problems banks have in meeting the regulations are also discussed along with strategies to overcome them.

The course features engaging interactive text and audio narration. Practice questions are distributed throughout the course to check your understanding of the material. Students who pass the final multiple choice test will receive a Certificate of Completion.