FORT WORTH, TX – The National Automotive Finance Association (NAF) Association is offering a Consumer Credit Compliance Officer Certification Program to assist finance companies in meeting the increasingly difficult challenge of complying with federal and state consumer credit laws and regulatory requirements.
Co-sponsored and developed by CounselorLibrary.com/Hudson Cook, LLP, the certification program is designed to provide the compliance professional with a solid working knowledge of federal laws and regulations that govern consumer credit, together with an overview and general examination of state consumer credit law.
Jack Tracey, Executive Director of NAF Association stated, “Finance companies are looking for people who are compliance knowledgeable and trained, to assist them in conforming to whatever the compliance requirements are.”
“Even larger finance companies with internal counsel handling compliance have other people with compliance responsibilities,” Tracey added. “We feel those support people for the attorneys would greatly benefit by being trained in this area.”
The program consists of four modules – two presented in an in-person classroom setting and two in an online format at the student’s own pace. Each module includes multiple sessions, with each session providing a thorough overview of the applicable law or regulation. The online sessions are followed by an online test that must be passed to receive credit for the session.
The program will provide the student with a comprehensive knowledge of consumer credit laws and regulations, preparing graduates to perform in a compliance management role. The course work is rigorous. It is estimated that there will be 12 hours of classroom work, and 1 to 3 hours to complete each session of the online modules. The entire program can be completed within 12 to 18 months.
For more information on the Consumer Credit Compliance Officer Certification Program contact Jack Tracey, 410-712-4036 or [email protected]
The National Automotive Finance (NAF) Association supports its members and the industry with education, research and information. Programs include: Annual Below-Prime Auto Finance Conference; workshops and webinars; annual Below-Prime Automotive Financing Survey; Standards of Financial Reporting; and Code of Responsibility for the industry.
CounselorLibrary.com/Hudson Cook, LLP is a collection of online complementary consumer credit compliance and privacy products, created, maintained and supported by the attorneys of Hudson Cook, LLP.