United States:
Installment Lending: Revised Comptroller's Handbook Booklet And Rescissions
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On February 12, the Office of the Comptroller of the Currency
("OCC") released the "Installment Lending"
portion of the Comptroller's Handbook. OCC regulators
utilize this document in connection with regulation of national
banks and federal savings associations and the risks associated
with installment loans. Release.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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