What’s New in Consumer Credit that Your Clients Need to Know

From changes in common credit scoring models to the information listed on credit reports, from federal legislation changing your rights regarding credit protection to innovative credit products, there is plenty to learn during this webinar on recent developments in the consumer credit arena.

Participants will learn:

• How to help their clients take advantage of recent legislation to access free and powerful identity theft protections for adults and children.
• Why Experian Boost is a great tool for building some clients’ credit rating but limited in its scope.
• Why paying off small collection accounts can improve credit scores in some cases and hurt in others.
• How blockchain technology may impact the concept of credit in the future, and how credit bureaus and credit scoring agencies may need to adapt to survive.
• Which pieces of negative credit information stopped being collected by credit bureaus in 2019.

*This session is eligible for 1 credit hour in Payroll, Finance, Bookkeeping and Bill Paying toward CDMM^® recertification. 

Intended Audience: Daily Money Managers who are working with clients toward home ownership, business loans, or other major purchases involving the clients’ personal credit

Presenter: Todd Christensen

Author, Accredited Financial Counselor® and Education Manager at Money Fit by DRS, Todd Christensen, MIM, MA, has facilitated nearly 2,000 personal finance workshops since 2004, has served in leadership positions with local and national financial education organizations, and volunteers on many area committees and panels for housing authorities, school districts, chambers of commerce, governmental initiatives and on military bases. In 2014, he published the book, Everyday Money for Everyday People.