Since the start of the COVID-19 pandemic, the Consumer Data Industry Association (CDIA) and our consumer reporting agency (CRA) members have provided guidance to assist furnishers as they navigate various complexities in credit reporting under the CARES Act amendments to the Fair Credit Reporting Act (FCRA). For a complete list of the CARES Act reporting guidance, please click here and for the COVID-19 post-accommodation reporting guidance click here.
As the country re-opens and certain relief programs have ended or are coming to an end, furnishers must continue to observe CARES Act requirements related to credit reporting, and be ready to address the complexities caused by the ongoing state of emergency. CDIA has issued new and helpful examples to guide data furnishers in post-accommodation reporting in ways that are consistent with the CARES Act and the FAQs issued by the Consumer Financial Protection Bureau (CFPB).
Join speakers Lisa DeLessio, Partner, Hudson Cook, LLP, Pat Dubie, Training Consultant, Consumer Data Industry Association, and Jared Weeks, Advisor, Data Governance/Metro 2® Task Force Chairperson, TransUnion as they discuss the requirements around reporting during and after COVID-19 accommodation reporting and provide insight into these new and helpful examples.
