Due to ever changing regulatory landscape for financial institutions, rules & regulations that address UDAAP are important to understand. Discrimination is becoming a topic that learners need to understand, whether or not it’s intentional or unintentional.
During this webinar, we will review a definition of an unfair act or practice, and unfair and deceptive credit under UDAAP and unfair debt collection under the Fair Debt Collection Practices Act.
- Overview and background of UDAAP
- Identify the elements that make a practice unfair, deceptive, or abusive
- Identify proactive steps that you can take to avoid UDAAP violations
- Future changes