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Cannot Discriminate against any color, nationality etc......
Everyone has the same chance to get a loan based on credit
income to debt etc, and everyone falls under those guidelines,
regardless of race, color , sex etc..
;)
Wayne
Wiki User
∙ 15y ago
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Are there any laws regarding collections for online payday loans?
Despite all states having specific payday lending rules concerning price, duration, etc., few of them provide any guidance regarding collections processes. Accordingly, the rules are provided as follows in overriding order (i.e., the first bullet will override any of the following bullets, the second bullet will override all bullets except the first, etc.): * If a state has collections components in their payday lending laws, those laws are used * If a state does not have collections components in their payday lending laws but does have collections supported by their fair credit reporting laws, the state fair credit reporting laws on collections are used * If a state doe snot have collections components in either their payday lending laws or fair credit reporting laws, the federal fair credit reporting act provides the guidance on collections
Is the lending an act or a science?
Lending money is business transaction between the lender and the borrower. Generally speaking lenders only lend funds to credit worthy customers.
What does FCRA stand for?
Fair Credit Reporting Act.
How can you get a loan with fair credit and no job?
Probably Cant. Lending institutions are in it to make money by lending money if you have no job you have no income. One of the first thing they request for a loan is pay stub, Without a job your to risky to the bank and they are going to laugh you out the door.
What credit score is fair credit?
That would depend on what you are using your credit report for as many industries have changed their criteria for credit lending. For example, in the mortgage industry fair credit use to be 580-620...now it is 680-720...
Where can I find information on fair lending?
Yes there is a government website that has information on fair lending. Please go to HUD.gov. There you will find all the information you need on the fair lending act.
Is fair lending really fair?
Fair lending will not be viewed as fair by everyone. What it really is, is an attempt to make sure that people who may not have as good of credentials as others are still considered for lending.
Is money lending act and provision are effective on private banking sector?
is privet banks comes in money lending act criteria
What civil rights measure was passed by congress shortly after kings assassination?
Fair Housing Act of 1968
Who draws up reports for fair lending from financial institutions?
The main company that writes reports on fair lending from banks are the FDIC. Also known as the Federal Deposit Insurance Corporation. They are extremely credible and trusted.
What is the truth in lending act?
what is the igrhgdfughdfngdb ihreit erfywerp234r oidy r4039uf 4pth43 i sthe ya hd
What licensing is necessary to qualify as a mortgage broker in Florida?
There are only 2 requirements to qualify as a mortgage broker in the state of Florida. The first requirement is that you be at least 18 years old, and the second requirement is that you pass a written exam that proves you have above average knowledge of the Florida Mortgage Brokerage and Lending Act, the Patriot Act, the Florida Fair Lending Act, as well as other basic knowledge involving real estate.
What has the author Elizabeth Fair written?
Elizabeth Fair has written: 'The Mingham air' 'Julia comes home' -- subject(s): Lending library
Is it bad to lend your jacket to your friends boyfriend?
it depends on how you act in lending it. ,
What is the difference between the Fair Trading Act and the World International Fair Trade Organization?
the fair trade act first came about in the 18th century! we think? >:(
What is the origination of fair trade chocolate?
See Fair Trade Act
Who introduced Fair Labor Standards Act?
Did Mary t norton sponsor the 1938 fair labor stand act
