In light of the new risk-based pricing provisions of the FederalTrade Commission's Fair and Accurate Credit Transactions Act, CUDLhas developed a way to help credit unions that are looking toprovide auto dealers with credit score disclosure notices.
|The CUSO has developed a new tool that allows CUs to providedealers with the necessary disclosure notices through the company'slending platform, which gives credit unions the ability to makecredit disclosure notices available to dealers that are looking forassistance with being compliant with new FTC FACTA requirements forrisk-based pricing notices.
|CU Direct Corp., parent company for the CUDL brand, has alsoconfirmed that it will be offering a session addressing the newFACTA risk-based pricing requirements at its 2011 Credit UnionLending Conferences, being held in May, in Newport Beach, Calif.,and in September, in Washington D. C.
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