Skip to content

Reg. B and Small Business Lending

Answered by: 

To what extend does Reg B apply to an automated small business credit scoring program (eg. notice, adverse action, etc).

Regulation B applies to all lending. It is most protective of consumers, but there are several requirements that apply to business lending. The fact that underwriting for small business loans might be based on some form of scoring model will not affect your requirement to provide notices, etc., that would otherwise be required for small business loan applications.

First published on 5/16/05

First published on 05/16/2005

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics