Installment Loans: Comptroller's Handbook (Section 209)

ISBN-13: 9781503328389 / Angielski / Miękka / 2015 / 46 str.

Comptroller of the Currency Administrato

Opis

A bank's installment loan portfolio is usually comprised of a large number ofsmall loans, each scheduled to be amortized over a specific period. Mostinstallment loans are made directly for consumer purchases, but business loansgranted for the purchase of heavy equipment or industrial vehicles, such astractor-trailers or buses, may also be included. In addition, the department maygrant indirect loans for the purchase of consumer goods.