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Installment Loans: Comptroller's Handbook (Section 209) - Softcover

Comptroller Of The Currency Administrator Of National Banks

 
9781503328389: Installment Loans: Comptroller's Handbook (Section 209)

Synopsis

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.

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