FCRA: Risk Based Pricing

Risk-based pricing is the practice of offering more or less favorable credit terms based on credit history. This course explains how it is regulated by the Fair Credit Reporting Act (FCRA). The course begins with a general overview of risk-based pricing notices, including when and how customers must be notified, before describing the specific content and timing required for the disclosure notices. Lastly, it details some potential exceptions to the regulations and discusses some tricky rules that you should be aware of, such as who to notify in transactions involving multiple consumers.

The course features engaging interactive text and audio narration. Practice questions are distributed throughout the course to check your understanding of the material, and there is a final multiple choice test at the end.