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    Under any lending, prime and non-prime, some loans will default

    Under any lending, prime and non-prime, some loans will default

    The task for today’s regulators lies in piecing together these different realities into the right framework that delivers just the right stability of customer security, market innovation, and economic intermediation—no simple task. You will see strenuous debate about exactly just just how regulators, specially the newly-created CFPB, are making an effort to achieve this balance inside their laws. Listed below are a few ideas to take into account in assessing legislation.

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    The task for today’s regulators lies in piecing together these different realities into the right framework providing you with the proper stability of customer security, market innovation, and economic intermediation—no task that is easy. Continue reading “Under any lending, prime and non-prime, some loans will default”