Remove category consumer-finance-litigation
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Collections Economics 101 for Digital Lenders

True Accord

With digital lending via neobanks and fintechs on the rise, consumers have more options than ever for obtaining loans. These can be separated into two main categories, portfolio metrics and operational metrics. . This is even more important if a lender takes consumer deposits to fund any of their lending.

Lender 52
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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The proposed rulemaking could redefine “data brokers” and “data aggregators,” and extend FCRA regulation to businesses that do not currently meet the FCRA’s definition of “consumer reporting agency.” On September 19, the CFPB issued guidance regarding the legal requirements that creditors must follow when using AI and complex models.