What You Need to Know About Risk Based Pricing Regulations

Sep 10, 2010 Brian Bradley

As I mentioned in a previous blog post, a new rule for risked based pricing issued by the Federal Reserve Board and the Federal Trade Commission will go into effect January 1, 2011.  The new regulation will require any company that uses


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Financial Institutions Too Big to Fail

Sep 01, 2010 Brian Bradley

The economic crisis has exposed the imperfections of the financial system and the need for regulatory reform. Government and the financial experts are searching for solutions to improve the economic landscape and to fix the problems that have


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Complying with the New Risk Based Pricing Regulations

Aug 31, 2010 Brian Bradley

Risk-based pricing refers to the practice of using a consumer's credit report, which reflects the risk of default, in setting or adjusting the price and other terms of credit offered or extended to a particular consumer.  The new FCRA


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FTC Red Flag Rules Explained

Aug 20, 2010 Brian Bradley

A lot of people have heard about the Red Flag Rules and know that businesses need to make changes to comply with them, but understanding the process is imperative for an organization or company to efficiently implement those rules. The Federal


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Something Other Than Credit Reports

Aug 16, 2010 Brian Bradley

Lenders, such as banks and credit card companies, use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt. They use credit scores to determine who qualifies for a loan, at


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