Payday Lending Programs Revised Examination Guidance
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Payday Lending Programs Revised Examination Guidance

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  • Publisher's site:
  • Corporate Authors:
  • Description:
    The FDIC is issuing the attached revised examination guidance on payday lending programs. The revisions provide more specific guidance to FDIC-supervised institutions to ensure that this high-cost, short-term credit product is not provided repeatedly to customers with longer-term credit needs. There is currently a small number of FDIC-supervised institutions engaged in payday lending.
  • Content Notes:
    Revised November 2015
  • Subject:
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  • Withdrawn Date:
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC)
  • Fdic Employee Involved:
    Serena Owens
  • Source:
    FDIC Website
  • Memorandum To:
    FDIC-Supervised Banks (Commercial and Savings)
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