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#2203378 - 01/18/19 01:57 PM Default rate on Consumer Loans
rrush Offline
Member
Joined: Dec 2011
Posts: 74
Outside of a HOEPA (High Cost Mortgage) is there anyting that would prevent a Bank from having a default rate on a consumer loan? I could not find anything but I wanted to be sure before I gave management the green light grin

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Lending Compliance
#2203379 - 01/18/19 02:06 PM Re: Default rate on Consumer Loans rrush
Richard Insley Offline
10K Club
Richard Insley
Joined: Oct 2000
Posts: 10,035
Toano, VA
State law.
_________________________
...gone fishing.

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#2203385 - 01/18/19 02:41 PM Re: Default rate on Consumer Loans rrush
rrush Offline
Member
Joined: Dec 2011
Posts: 74
ok thanks Richard

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