1) A lender is free to determine what constitutes a complete application on a vehicle loan.
2) Not sure how you force someone into an E-Sign compliant process. The distribution of available computer equipment and internet access to applicants that are in a prohibited basis class might present a disparate impact. Not to mention that a large percentage of all persons in the US have no internet access at home which may mean they do not even have an e-mail address.
As of November 2019, 67.2 percent of the African American population in the United States were living in households with internet access. In contrast, 76.9 percent of the white U.S. population had online access at home.
_________________________
The opinions expressed here should not be construed to be those of my employer:
PPDocs.com