Credit Cornerstone Weekly Credit Trends and Data Intelligence
Are you ready to comply with the FTC's new Risk-Based Pricing Rule?
October 07, 2010


In a recent poll conducted by Experian, 82 percent of the respondents indicated they were undecided or currently were assessing options for complying with the Risk-Based Pricing Rule. The Risk-Based Pricing Rule was established by the Federal Reserve Board and the Federal Trade Commission (FTC) due to a concern that consumers are not adequately informed of the effect that credit report data has on the annual percentage rate they are charged when obtaining new credit. As a result, organizations will need to comply with the rule beginning Jan. 1, 2011.

Source: Survey responses from August 2010


To view a Webinar and learn more about the Risk-Based Pricing Rule, visit : http://www.experian.com/consumer-information/risk-based-pricing-rule.html

FOLLOW US ON
Blog
Twitter
MONTHLY ARCHIVES
September 2010
Older Archive
CONTACT US
Call us at 1 888 414 1120 or email decisionanalytics@experian.com
SUBSCRIBE
Did a friend forward this email to you? Sign up to receive your own weekly copy.




www.experian.com © Experian 2010. All rights reserved

Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.