The next episode in McGlinchey’s Deep Dive into Lending series takes a close look at unsecured lending with insights from Aaron Kouhoupt and Adam Maarec. They discuss innovations in loan applications, underwriting, and...more
8/25/2025
/ Borrowers ,
Consumer Financial Products ,
Consumer Lenders ,
Consumer Protection Laws ,
Creditors ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Lenders ,
Loan Applications ,
Loans ,
Underwriting ,
Unsecured Debt
You are likely aware that the Fair Credit Reporting Act (FCRA) 15 USC 1681 et. seq. requires furnishers of information to report the information accurately. Recently, several payment rating/account status cases have been...more
Creditors often ask when the Fair Credit Reporting Act’s (FCRA) rules relating to firm offers of credit apply. Do they apply when the creditor makes a prequalified offer? Does that change if the creditor makes a prescreened...more
Alert May 18, 2020 The economic impact of COVID-19 has already proven catastrophic for many businesses and consumers. Many employers are reducing their staffing or closing their doors permanently. As of May 8, 2020, the...more
5/18/2020
/ CARES Act ,
Consumer Credit Protection ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Credit Reporting Agencies ,
Credit Reports ,
Creditors ,
Fair Credit Reporting Act (FCRA) ,
Forbearance Agreements ,
Loan Modifications ,
Loans ,
Unemployment