The new Pals I signal limitations the main level of a family We financing not to less than $2 hundred or more than just $step 1,one hundred thousand. Conversely, the new Company II NPRM recommended to let an enthusiastic FCU giving a family II mortgage that have a loan amount around $2,one hundred thousand without any minimal amount borrowed. Brand new Board thinks you to definitely a top limitation with no minimum mortgage number enable an enthusiastic FCU in order to satisfy this new need out-of even more segments of the cash advance sector. Continue reading Many commenters contended resistant to the $dos,one hundred thousand restriction loan amount because also low →