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Consumer Term Loan with Quarterly Payments?

Can we no longer make a consumer term loan with quarterly payments?

by Randy Carey:

There is nothing at the Federal level that would prevent such a product.


by Richard Insley:

Sounds like there's more to this than one simple question. Start a thread in the "Lending Compliance" forum so we can explore this interactively. If there's a misconception floating around, maybe another poster will be aware of it and straighten us out.

First published on 04/21/2019

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