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#211166 - 07/14/04 09:52 PM Pricing Guidelines - Consumer Loans
yy2say Offline
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yy2say
Joined: Apr 2002
Posts: 279
PA
We have been having some issues regarding Fair Lending and our pricing structure ...we have none.

Would anyone be willing to share theirs with me. I am looking for something that gives some wiggle room, but does take beacon score, etc... into consideration.

Any help would be appreciated and I would be willing to reciprocate if I can.
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Lending Compliance
#211167 - 07/15/04 01:56 AM Re: Pricing Guidelines - Consumer Loans
Andy_Z Offline
10K Club
Andy_Z
Joined: Oct 2000
Posts: 27,590
On the Net
12 CFR 7.4002 National bank charges.
(b) Considerations. (1) All charges and fees should be arrived at by each bank on a competitive basis and not on the basis of any agreement, arrangement, undertaking, understanding, or discussion with other banks or their officers.

Your title of Pricing Guidelines is too close to price fixing.
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AndyZ CRCM
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Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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