The COVID-19 has impacted virtually every aspect of personal and business life including the credit reporting marketplace. The recently signed CARES Act includes measures related to reporting information during these times. The automotive industry is responding by leveraging credit reporting codes that are available for times of disaster to help mitigate the potential negative impact of late, missed, or deferred auto loan payments.
Join NIADA’s Shaun Petersen, SVP Legal & Government Affairs; and Drew Rosedale, Data Contributor Services Leader- Equifax, and Jenn Reid, VP Strategy & Marketing – Equifax Automotive as they present what you need to know related to credit reporting during the COVID-19 pandemic. Many lenders, Buy Here/Pay Here dealers, and new/used dealerships are rapidly instituting these programs to help consumers who have been financially impacted. The goal of the webinar is to provide the information you need to report consumer auto loan payments and answer consumers’ questions.