Underwriting-only approach does not deal with harms of high-cost lending that is installment

Underwriting-only approach does not deal with harms of high-cost lending that is installment Making sure small-dollar loan re payments are affordable is important to protecting customers, and loan providers and regulators can figure out appropriate re payments in lots of ways. All lenders underwrite loans to control danger, but unlike main-stream creditors, auto and payday

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