Affordable Small-Dollar Loan Products: Final Guidelines

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The Federal Deposit Insurance Corporation (FDIC) has issued the attached "Affordable Small-Dollar Loan Guidelines" that encourage financial institutions to offer small-dollar credit products and to promote these products to their customers. The products should be affordable, yet safe and sound, and consistent with all applicable federal and state laws.
• Subject:
  Lending / Investments
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2007/fil07050.pdf
• Format:
  PDF
• Release Date:
  06/19/2007
• Update Date:
  06/19/2007
• Withdrawn Date:
  05/20/2020
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC)
• Fdic Employee Involved:
  Robert Mooney ; April Breslaw ; Mira Marshall ; Carol Rosa
• Law Involved:
  Community Reinvestment Act (CRA) 
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-50-2007
• Main Document Checksum:
  urn:sha256:f9c406cb22f921d38c8e19ed808e0eec16c75aadcb98715245144f033cd548a3
• Download URL:
  https://archive.fdic.gov/view/fdic/7385/fdic_7385_DS1.pdf
• File Type:
  [PDF - 38.15 KB ]