This FCRA: Protection of Medical Information online training course explores when and how a creditor may use medical information obtained from a consumer or the consumer’s credit report when evaluating an application for credit.
The Fair Credit Reporting Act (FCRA) implemented under Regulation V provides for protections for consumers regarding medical information. In general, under the FCRA, creditors are prohibited from obtaining and using medical information to determine a consumer’s eligibility, or continued eligibility, for credit. However, there are exceptions to this rule, with the understanding that the information is obtained ethically and is specified within the FCRA.
Course Learning Objectives
By taking this online FCRA: Protection of Medical Information course, the user will learn:
- Identify the protections afforded to medical information
- Obtain and use medical information correctly
This online FCRA: Protection of Medical Information course is made up of the following sections:
- Unsolicited Information
- Financial Information Exception for Obtaining Medical Information
- Specific Exceptions for Obtaining and Using Medical Information
- Sharing Medical Information with Affiliates
This FCRA: Protection of Medical Information online training course was designed for all consumer lending employees.
If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.