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May 16, 2017
11:00AM - 12:00PM

How Do Your Credit Application and Credit Policies Score?

OADA Webinar

Register Here!Brown Bag Lunch Webinar Series

Your customers are scored based on their credit worthiness, but how does your dealership score on its credit practices? The costs associated with a mediocre or low score can be tremendous for consumers and dealers alike. Credit scores can have a huge impact on the ability of consumers to make purchases, the rates they can obtain, whether they get hired for a job, and much more. For dealers, their credit policies can impact their ability to obtain and retain customers, their lender relationships, and their bottom line if they violate lender agreements and/or federal and state laws. 

OADA is pleased to welcome Deanna Stockamp, partner at Stockamp & Brown LLC and longtime speaker and outside counsel for OADA, to present this topic to you. The webinar will discuss issues related to:

  • The importance of a well-written credit application
  • How credit inquiries really impact a consumer's credit score
  • The importance of obtaining and communicating credit decisions in a timely manner
  • Taking credit applications in-person versus by telephone or the internet
  • How to handle incomplete, withdrawn, and denied applications
  • When and how long authorization to conduct a credit investigation applies
  • Providing required notices and disclosures
  • How to address an unauthorized inquiry or consumer dispute

Make sure your credit application and credit-related policies don't make your dealership a target for consumer attorneys and federal and state regulatory agencies. During this webinar, Deanna will discuss the top 10 mistakes and the best credit practices for avoiding them.

There is a $25 connection fee for OADA members. Non-members will be charged a $50 connection fee. 

Register Here!

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Add to Calendar aCLuDhaqizCaPxAftmqF167204 05/16/2017 11:00 AM 05/16/2017 12:00 PM false How Do Your Credit Application and Credit Policies Score? Register Here! Your customers are scored based on their credit worthiness, but how does your dealership score on its credit practices? The costs associated with a mediocre or low score can be tremendous for consumers and dealers alike. Credit scores can have a huge impact on the ability of consumers to make purchases, the rates they can obtain, whether they get hired for a job, and much more. For dealers, their credit policies can impact their ability to obtain and retain customers, their lender relationships, and their bottom line if they violate lender agreements and/or federal and state laws.  OADA is pleased to welcome Deanna Stockamp, partner at Stockamp & Brown LLC and longtime speaker and outside counsel for OADA, to present this topic to you. The webinar will discuss issues related to: The importance of a well-written credit application How credit inquiries really impact a consumer's credit score The importance of obtaining and communicating credit decisions in a timely manner Taking credit applications in-person versus by telephone or the internet How to handle incomplete, withdrawn, and denied applications When and how long authorization to conduct a credit investigation applies Providing required notices and disclosures How to address an unauthorized inquiry or consumer dispute Make sure your credit application and credit-related policies don't make your dealership a target for consumer attorneys and federal and state regulatory agencies. During this webinar, Deanna will discuss the top 10 mistakes and the best credit practices for avoiding them. There is a $25 connection fee for OADA members. Non-members will be charged a $50 connection fee.  Register Here! OADA Webinar