As a consequence of these weaknesses, pay day loan portfolios ought to be categorized Substandard.

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As a consequence of these weaknesses, pay day loan portfolios ought to be categorized Substandard. category instructions The Uniform Retail Credit Classification and Account Management Policy (Retail category Policy) 7 establishes classification that is general for customer loans according to delinquency, but also grants examiners the discernment to classify specific retail loans that display signs […]