The degree of underwriting complexity introduced into the proposition ignores the price of supplying small-dollar credit

The degree of underwriting complexity introduced into the proposition ignores the price of supplying small-dollar credit Proposition Conditions The proposed provisions offer little incentive for banks, and others, to enter the small-dollar market in any significant way despite the above-referenced issues regarding the Bureau’s authority. The conditions outlined when you look at the proposition destination… Continue reading The degree of underwriting complexity introduced into the proposition ignores the price of supplying small-dollar credit