Safe small consumer loans are defined by the CFPB, NCLC and the Pugh Trust as low interest, repayment over time and including analysis of the consumer's ability to repay. PaySound® exceeds all these criteria!
Tuesday, April 15, 2014
OCC Encourages "Safe" Small Consumer Loans
Thomas Curry, Comptroller of the Currency, last week encouraged financial institutions to embrace and offer small loans to consumers. You can see his comments here.
Safe small consumer loans are defined by the CFPB, NCLC and the Pugh Trust as low interest, repayment over time and including analysis of the consumer's ability to repay. PaySound® exceeds all these criteria!
Safe small consumer loans are defined by the CFPB, NCLC and the Pugh Trust as low interest, repayment over time and including analysis of the consumer's ability to repay. PaySound® exceeds all these criteria!
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