FactorTrust Aligns Solutions to Address Ability to Repay for Non-Prime Lenders

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ATLANTA--(BUSINESS WIRE)--Anticipated regulation from the Consumer Financial Protection Bureau (CFPB) is expected to require lenders to determine a borrower’s ability to repay prior to providing a loan, specifically for short-term, small dollar loans. For nearly a decade, lenders have relied on FactorTrust’s robust data and analytics capabilities to assess a consumers’ ability to repay. The company remains a reliable resource and innovator for lenders looking to comply with the anticipated regu

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