Affordable Small-Dollar Loan Products: Final Guidelines
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Affordable Small-Dollar Loan Products: Final Guidelines

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Details:

  • Publisher's site:
  • 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.
  • Format:
  • 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  • Withdrawn Date: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:
  • File Type:

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