CECL, Credit Application and Small Businesses

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CECL

Credit Application

Small Businesses

The CFPB section 1071 effective date

Abrigo

MAY 30, 2023

Timelines for small business loan data collection and reporting Deadlines for complying with the new CFPB section 1071 rule requirements for financial institutions to collect data on small business loan activities. You might also like this one-page summary of key dates and deadlines for complying with the 1071 rule.

Credit Unions

Credit Unions Credit and Collections Transactions Small Businesses

Preparing for Section 1071

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Member Business Lending. CECL Regulation.

Credit and Collections

Credit and Collections Credit Unions Credit Risk CECL

Credit Management Source

The CFPB section 1071 effective date

Preparing for Section 1071

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