Discussion Paper
Empirical assessment of SR/CA small-dollar lending letter impact
Abstract: Guidance is used by bank regulators to communicate supervisory expectations to both examiners and banks. In March 2020, in response to pandemic shut-downs, financial regulators issued a joint statement encouraging small-dollar lending to meet temporary cash-flow imbalances, unexpected expenses, or income short-falls.
https://doi.org/10.17016/2380-7172.3329
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https://www.federalreserve.gov/econres/notes/feds-notes/empirical-assessment-of-sr-ca-small-dollar-lending-letter-impact-20230728.html
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Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2023-07-28
Number: 2023-07-28-3