news.cuna.org/articles/118139-upcoming-webinar-addresses-creditor-obligations-under-cares-act
COVID

Upcoming webinar addresses creditor obligations under CARES Act

July 20, 2020

CUNA announced a new free member benefit webinar, COVID-19 and Credit Reporting. This one-hour webinar, happening July 23, explains new creditor requirements for credit reporting under the CARES Act amendments to the Fair Credit Reporting Act.

“Credit reporting rules have changed under the CARES Act,” said Kathy Smith, instructional design manager at CUNA. “Those responsible for credit reporting or anyone looking to better understand credit reports as a consumer will benefit from attending this webinar.”

Topics include:

  • How creditors report accounts under the CARES Act
  • Special coding for forbearance and deferments during disaster declarations
  • Consumer responsibilities when forbearance ends
  • The impact of COVID-19 on credit reports and credit scores

Content is geared for professionals working with credit reporting, including, lenders, account opening staff, compliance staff, operations staff, or anyone wanting to better understand credit reports. Register for the free webinar here or the recorded webinar, available beginning July 24, here.