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Kroll Factual Data, Loveland, Colorado, a provider of independent verification solutions, has launched a new service to help clients save time and efficiently comply with the Fair Credit Reporting risk-based pricing regulations that took effect Jan.
The problem is so-called risk-based pricing, where the rate you get is based on your credit rating and not on the rate you applied for.
The warning comes as 85 per cent of the industry has moved towards a risk-based pricing model.
Experian, Costa Mesa, California, a global information services company, has announced a comprehensive offering of products and services to help clients comply with consumer-notification requirements related to the new risk-based pricing rule.
Kroll Factual Data, a trusted provider of independent verification solutions, today announced a new service to help clients save time and efficiently comply with the Fair Credit Reporting Risk-Based Pricing Regulations that take effect Jan.
Exclusive Arrangement Creates Streamlined Funding Process Featuring Product Line with Competitive Risk-Based Pricing VIENNA, Va.
Provides Lenders with Adjustments to TILA and Risk-Based Pricing Disclosures
RISK-BASED PRICING (RBP) HAS BEEN A MAJOR TOPIC OF INDUSTRY DISCUSSION FOR THE PAST SEVERAL YEARS.