Late Fees and the Allocation of Payments
How late fees are applied has caused not just consumers some headaches, but their financial institutions as well. Here's a rundown of how Reg. Z treats the allocation of payments by loan type. [4/25/18]
Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
How late fees are applied has caused not just consumers some headaches, but their financial institutions as well. Here's a rundown of how Reg. Z treats the allocation of payments by loan type. [4/25/18]