Webinar 26: Open-End Lending: Should We? Or Shouldn't We?
While open-end lending has emerged as a popular tool for member attraction and retention, credit unions must be aware of the risks. Rex Johnson will provide an in depth analysis of the pros and cons for open-end lending programs in his online seminar - Webinar 26. Please join Rex on Thursday, December 2, 2010 at 1pm Central, for a 90 minute program, with 30 minutes of Q&A. Are You Doing It the Right Way? - Pros and cons - Should you change your process? - What program will work for you? - Are we putting the credit union at risk? - Are you performing routine updates on credit information? - Are you in compliance with the new rules and regulations? - Could you possibly be misinterpreting the rules? "Many credit unions have made up their minds about open-end lending. This is really an important decision and there may be no right or wrong answer. The best advice I can give is to keep an open mind and get all of the facts. It's far more important to make the right decision, than to personally be right." Rex Johnson, LSCI Founder