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August 25, 2010
1:00PM

Risk Based Pricing

Webinar

NEW REGULATION REQUIRES NEW NOTICE FOR CONSUMERS - AUGUST WEBINAR EXPLAINS HOW TO COMPLY WITH THE RISK-BASED PRICING RULE

The Risk Based Pricing Rule becomes effective January 1st - just six months away. The RBP Rule requires creditors to provide consumers with a notice when, based on the consumer's credit report, the creditor provides credit to the consumer on less favorable terms than it provides to other consumers. The Rule allows lenders to delegate the responsibility of compliance to dealers.

The Rule's requirements are highly technical and demanding, but there are alternative ways of meeting your compliance obligations. During our webinar, we will discuss:
- The Purpose of the Rule
- What is Risk-Based Pricing?
- Content of a Risk-Based Pricing Notice
- The Difficulties in Determining Who Needs to Get a Risk-Based Pricing Notice
- the Best Alternative for Dealers
- Adverse Action Notices

The Webinar is scheduled for Wednesday, August 25, 2010, from 1:00-2:30 pm. The webinar is being moderated by OADA, and registrations are set up through the Go to Webinar service. Webinar speakers will be Deanna Stockamp of the law firm Stockamp and Brown, and Sara Bruce of OADA. Webinar fee is $20.00 per person (member rate), and $225 per person for non-member dealers. Space is limited.

After registering you will receive a confirmation email containing information about joining the Webinar.

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