Annual UDAAP Training

The Bank will not inform cosigners in writing of their repsonsiblities and potenial liabilities before becoming obligated on the loan transaction.

The Credit Practices Rule addresses all of the following bank activities that are vulnerable to unfair credit practices EXCEPT for:

Pryamiding is the practice of charging more than one late fee for the same deliquent installment.

Which of the following are NOT bank activies that are vulnerable to unfair credit pratices?

How often will a compliance review be scheduled to assess compliance with the Credit Practices Rule and Regulation AA?