CFPB ISSUES ADVISORY OPINION ON SPECIAL PURPOSE CREDIT PROGRAMS
CFPB ISSUES ADVISORY OPINION ON SPECIAL PURPOSE CREDIT PROGRAMS Under the Equal Credit Opportunity Act (ECOA) banking institutions are allowed to extend “special purpose credit” when the Bank intends to meet special social needs. The plan must be written, identify …
CFPB ISSUES ADVISORY OPINION ON SPECIAL PURPOSE CREDIT PROGRAMS Evelyn I. Dehmey