Checking credit is a pillar of the screening process, and for good reason. An applicant’s credit is part of the criteria used to evaluate whether they will pay the rent on time. Because of this, it is important for rental housing providers to know what information they can and cannot obtain from credit reports, as well as to understand their legal obligations that come with using consumer credit reports. The use of consumer credit reports is highly regulated under federal law, and there are many potential traps for the unwary.
This webinar will cover the key information rental housing providers who use consumer credit reports need to know, including:
• What is and is not included on a credit report
• Recent legal developments relating to credit reports
• When and how to provide legally required adverse action notices
• Obligations under the federal “Red Flags” rule
• Properly disposing of credit reports
Speaker: Steven Hrdlicka, Attorney, Steve Hrdlicka & Associates
Steven Hrdlicka is an attorney specializing in representing owners and managers of rental properties in Central California. He is also an owner of commercial and residential rental properties. Mr. Hrdlicka has successfully litigated thousands of unlawful detainer and collection lawsuits and regularly sits as a Judge Pro-Tem for the Fresno County Superior court. Mr. Hrdlicka is the education chair for CAA’s Greater Fresno division.
Moderator: Whitney Prout, CAA Policy & Compliance Counsel
Qualifies for 1 unit CCRM Continuing Education Credit
Note: This webinar is one part of CAA’s three-part Beginning the Tenancy series. While it may be taken as a standalone class, CAA recommends taking the entire series to get a more complete picture of the application and screening process.