Most Popular Lending Content
My bank is adding an in-house credit card program. What do I do?!
06/09/2024
My boss told me today our bank is seriously considering doing an in-house credit card program. HELP! I don’t even know where to begin. What should I expect and where can I learn more?
Is this loan covered by the Military Lending Act?
06/09/2024
Do I need to have an MLA search for a consumer real estate loan with no structures?
SCRA protections of assets of servicemember giving
06/09/2024
Under the The Servicemembers Civil Relief Act (SCRA), (50 U.S.C. § 4026), it states that under "Availability of non-business assets to satisfy obligations" that If the trade or business (without regard to the form in which such trade or business is carried out) of a servicemember has an obligation or liability for which the servicemember is personally liable, the assets of the servicemember not held in connection with the trade or business may not be available for satisfaction of the obligation or liability during the servicemember’s military service. Do the "assets of the servicemember not held in connection with the trade or business" include a personal guarantee of the servicemember?
Filing tasks and paper loan files
06/09/2024
What types of filing tasks are involved with a paper-based approach to loan file management?
Can we advertise a credit card product as “fixed” if it has a fixed introductory rate?
06/02/2024
We have a credit card product that has an introductory “fixed” rate that changes after 12 months to a variable rate APR. Management wants to really promote that fixed rate period, but I don’t think we can use the word “fixed”, can we?