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Video Length
19:00
Units
8
Quiz Questions
11
Estimated Time to Complete
30 minutes
Lesson Description
An adverse action notice is to inform the customer that they have been denied credit. The dealership is required to issue an adverse action notice if it can’t find a funding source willing to accept the credit terms in the original deal. This module will describe the circumstances in which a notice must be given and describe the information and disclosures in the Adverse Action Notice.
Topics
When to Issue Adverse Action Notices
Example Situations
Model Notices
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Features
Deployable online with Mosaic's LMS
Track and retain employee completions
SCORM Compliant version available
Text summary
English closed captions
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