Encouraging Eligibility

Jonathan Foxx, Ph.D., MBA

‘No good deed goes unpunished,’ it is said.

How about encouraging traditionally disadvantaged groups to apply for credit?

As long as such applicants are eligible for a certain loan product and all the origination rules and regulations are followed – and there is no predatory lending or fair lending violations! – why not encourage them to apply?

It seems fair to conjecture that such a disadvantaged group could be encouraged to apply for a loan.

Occasionally, a good deed hides in plain sight!

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Written by:

Jonathan Foxx, Ph.D., MBA

Lenders Compliance Group on:

Reporters on Deadline

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