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This Document Has Been Retired.
Affordable Small-Dollar Loan Products: Final Guidelines
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06/19/2007
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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.
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Release Date:06/19/2007
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Update Date:06/19/2007
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Withdrawn Date:05/20/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:Robert Mooney;April Breslaw;Mira Marshall;Carol Rosa;
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Law Involved:Community Reinvestment Act (CRA)Â
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Banks (Commercial and Savings)
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FIL Number:FIL-50-2007
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