Lending Regulations (PayDay Advance)
Course Code: 05F1R.5.1
Overview:
This course is intended to provide a thorough understanding
of the Equal Credit Opportunity and Truth in Lending
Acts. The course will cover ECOA and Truth in Lending
prohibitions and requirements as they apply to the
loan application, processing, evaluation, and notification
process.
Duration: 1 hour
Objectives:
- Be aware of the prohibited bases under the ECOA and the potentials
for discrimination in the lending process.
- Perform your role in the lending process in full compliance with
the ECOA's anti-discrimination requirements.
- Understand your institution's obligations under the ECOA.
- Be particularly aware of actions that may be viewed as subtle or
unintentional discrimination, and avoid them.
- Identify certain Truth in Lending definitions such as finance charge,
APR, and closed-end credit. Recognize Truth in Lending disclosure requirements.
If you want to purchase over 50 seats to this course please contact
us for special discount pricing.
Price: $20.00
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