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Credit and Collections Marketing and Customer Service Human Resources GSC Keynote
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Risk Based Pricing - FACTA Section Act 311 Compliance: Deadline Jan 1, 2011
The Final Section of FACTA- Risk Based Pricing Notice guidelines are to be implemented on January 1, 2011. After reviewing this Section you will understand why the Agencies saved this section for last. The FEDs have added several options regarding who and how to determine which Model Notice (5 to choose from) you will need to send in order to be in compliance with the Regs.

In this webinar, we will provide a Checklist that will help you take practical steps to implement this Section and determine which method (Case by Case, Tier or Proxy) is best for your organization. We will also discuss and provide definitions, rules, regs and examples of the Model Notices you are required to provide to the consumers that receive "...materially less favorable than the most favorably terms available."

Plus- the FRB/FTC alternative that I recommend and I believe will be less costly to your FI.

YOU WILL LEARN
  • What to do if you don’t use credit scores!
  • Which method is best for us? Case by Case or the Credit-Score Proxy or Tiered-Pricing method
  • Review of each of these Methods and Exceptions to the rules - there are some!
  • The New & Improved Notice to Home Loan Applicant (Secured by 1-4 units of Real Estate)
  • Using Multiply Credit Scores and Consumer Disclosure
  • What you need to do if the Credit Score is not available
  • Auto Lending Notice Requirements
  • Prescreened List Notification Requirements
  • Account Review(s) and consumer notifications
  • Rules regarding Multi-Party Transactions
  • Examples of Model Notices - How soon must we send & does it have to be in writing?
WHO SHOULD DOWNLOAD This Webinar or Order the CD-ROM?
A Lender building a Training Library for individual viewing and/or group training sessions. This Webinar will be beneficial for Board Members, Officers, Auditors, Compliance, and, Lending Personnel.

ABOUT THE PRESENTER - Greg Souther
Greg Souther is President of Greg Souther Consulting & Seminars (gregsouther.com) a firm that provides training and consulting to Financial Institutions in the following areas: Customer Service & Communication; Credit & Collections; Fraud & Security; and Marketing & Sales.

With over 25 years of training and speaking experience, Greg and his associates share practical "how to" advice that everyone can easily understand and use in their daily work environment.

Greg was Co-Owner and Manager of The Credit Bureaus of Southeast Georgia, the parent company for six Credit Reporting and Collection Agencies based in Brunswick, Georgia. Other Management, Marketing, and Human Resource experience includes Credifax, formerly the Credit Bureau of Jacksonville, the Credit Bureau of Valdosta, and the Credit Bureau of Athens.

ORDER OUR PRESENTATION & COMPLETE HANDOUT MATERIALS Our DOWNLOAD or CD-ROM comes with a full visual presentation from the LIVE EVENT. Most of our webinars have two question & answer periods.

Whether you choose the CD or the Download, you have the ability to view, print and listen to this session whenever you want. This is a great way to build your Training Library.

You also have the ability to contact the presenter for follow up questions or support materials mentioned during the webinar. What a great resource at your finger tips.

These products are designed for commercial use only and are not for resale or reproduction. Our clients buying these products are normally creditors under the following categories; Financial, Medical, Insurance, Legal and Collections. If you do not fall under one of these business categories, please contact us at webinars@gregsouther.com for approval before purchasing. We reserve the right to sell our products and services to qualifying businesses.


Order download now for just $225!



Order CD now for just $255!


Or email us and we'll send you the CD!

* Once your credit card has been approved please allow 48 hours for material to be processed and emailed to you. Make sure you include your email address at checkout so that the handouts can be sent to you.


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