As identity theft claims continue to escalate, lenders, regulators, and credit reporting agencies face mounting challenges. Striking a balance between supporting genuine victims of identity theft and preserving the accuracy of tradelines amidst fraudulent claims by credit repair companies introduces an unprecedented burden of liability.
Discussion Topics include:
- Furnishers’ & CRAs’ responsibilities & timelines under FCRA Section 605B “Identity Theft Blocks”
- Understanding what constitutes an identity theft report
- Actions prohibited after a tradeline block
- e-OSCAR® tools & features assisting with blocks & re-insertions
- Responsibilities under FCRA Section 605C “Human Trafficking”
Join Joel Strickland, Director, Client Relations Online Data Exchange, New Management Services and Jennifer Sarvadi, Partner, Hudson Cook as they dive into ID theft and block request obligations under the FCRA. This session will include a live Q&A moderated by Dan Smith, President & CEO, Consumer Data Industry Association.