Skip to content
BOL Conferences
Thread Options
#1143010 - 03/10/09 07:19 PM Payments by mail
cbbanker Offline
New Poster
Joined: Mar 2009
Posts: 1
Our bank wants to discontinue sending receipts to loan customers who make payments by mail. Is there any compliance or regulation issue regarding this?

Return to Top
Lending Compliance
#1143247 - 03/11/09 03:12 AM Re: Payments by mail cbbanker
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
Unless you agreed to do that in your loan contract or there is a state requirement, shouldn't be a problem with doing that.

Return to Top

Moderator:  Andy_Z