Have you felt uncertain or confused when looking at a credit report? This course will provide an overview of the different types of credit reports (Business Division and Consumer Disclosure Reports), the Fair Credit Reporting Act (FCRA), and explain where the information on credit reports comes from. We will highlight the different sections of a credit report (personal identifying information, credit history, public records, and inquiries) and discuss important information to be aware of when reviewing a credit report. Finally, the process of how an account becomes a charge-off will be explained before reviewing best practices.
This course is approved for 1 CEU for AFCPE ® Certified Professionals.
Estimated time to complete: 1 hour, 30 minutes
Please note: This information is not intended to be legal advice and may not be used as legal advice. Every effort has been made to assure this information is up-to-date. It is not intended to be a full and exhaustive explanation of the law in any area, nor should it be used to replace the advice of your own legal counsel.
Please click on lesson 1 below to begin.