A concentration would be defined as a volume of payday loans totaling 25 percent or more of a bank’s Tier 1 capital in the context of these guidelines

A concentration would be defined as a volume of payday loans totaling 25 percent or more of a bank’s Tier 1 capital in the context of these guidelines Protection and Soundness Problems Levels because of the dangers inherent in payday financing, levels of credit in this line of business pose a safety that is significant soundness concern. Where More...

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By admin On Thursday, March 4th, 2021
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A concentration would be defined as a volume of payday loans totaling 25 percent or more of a bank’s Tier 1 capital in the context of these guidelines

A concentration would be defined as a volume of payday loans totaling 25 percent or more of a bank’s Tier 1 capital in the context of these guidelines Protection and Soundness Problems Levels because of More...