Underneath the proposition, loan providers will be expected to make use of information that is CFPB-registered to report and get credit information regarding covered loans

Underneath the proposition, loan providers will be expected to make use of information that is CFPB-registered to report and get credit information regarding covered loans Some default is inevitable no matter how well underwritten a loan is as a practical matter Second, the proposition would require loan providers that have a default rates surpassing five …

Underneath the proposition, loan providers will be expected to make use of information that is CFPB-registered to report and get credit information regarding covered loans Read More »