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A Message
From Our
President
Dear Valued Member,
It gives me great pleasure to welcome you to the June issue of Equifax Advisor.
When it comes to risk management, the current volatile economic conditions are combining with legislative changes and ever-evolving technological advances to significantly change the rules of the game. Since knowledge is power, we are therefore dedicating this issue to 'organizational readiness' and profiling two feature articles on the subject.
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This month's question pertains to the issue of 'implied consent'.
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Times and technology have changed over the years and we would appreciate clarification on whether 'implied consent' as compared to 'written consent' is adequate authorization for lenders to request a consumer's personal credit file?
Daryll Bown,
Asst. Credit Services Manager,
Northern Credit Union
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If you would like to submit a question email us at creditnews@equifax.com
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Credit Union Spotlight:
Is Growth Imminent with Passage of C-9?
Bill C-9 may open the door for Credit Unions to incorporate... if so, what challenges lie ahead?
Credit Checks: How to Properly Safeguard Against Employee Fraud
Pre-employment screenings and credit checks are important tools for protecting your business against employee fraud and other abuses... provided they are performed for a reasonable purpose.
The following are events of note:
June 14-16, 2010
Canadian Co-operative Association (CCA) National Congress
Vancouver, BC
September 19-21, 2010
Credit Union Managers Association (CUMA) Conference
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