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Disclosure Differences Online

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Question: 
We want to offer loan and deposit products online. What disclosure differences will we have to make?
Answer: 

The good news is that there aren't different requirements. The regulations that require loan and deposit disclosures are basically the same. You will have the addition of E-SIGN if you are replacing required written disclosures with electronic disclosures.

First published on BankersOnline.com 4/06/09

First published on 04/06/2009

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