Sentences with phrase «very safe borrower»
«This is consistent with the narrative that, if you're a very safe borrower or a large corporation, it is very easy for you to get a loan — in fact there is a lot of competition because these borrowers have access to lots of nonbank sources,» Covas said.
https://www.americanbanker.com/ Not exact matches
In general, payday loan borrowers were very supportive of the lending product, yet they still believe the government has a part to play in making the industry safer and less prone to predatory behavior.
North Carolina has very strict title loan laws, all of which are designed to keep borrowers safe, which is a good thing.
There were other defensive moves as well, because in its original form the rule included very specific credit standards borrowers would have to meet, and those were also taken out and replaced with a broad rule that gives lenders flexibility in how they meet the rule's intent, which is to create a class of safe loans that borrowers have a reasonable expectation of paying back.