Title: Updates in the Credit Industry: NCAP and More (2017 Practitioners' Forum Award Winner)
Thursday, November 16th, 2017
Credit reporting and scoring is constantly evolving to adapt to changes in consumer protection laws, consumer and economic patterns, and the business needs of lending institutions. Recent developments in the credit industry, in particular the implementation of new consumer protections through the National Consumer Assistance Plan (NCAP), may impact the credit reports and scores of consumers engaged in financial coaching and counseling. This session will provide participants with an overview of key developments in credit reporting and scoring and how consumers may be impacted.