After a request to the United States for the loan of extra helicopters was turned down, hundreds of mules were hired to collect ballots from remote areas.
In fact, earlier this week I offered some suggestions regarding how to build a better relationship with your banker and how to better prepare for your meeting with the bank to request a loan.
Noting that pattern, the CFPB has begun a process of developing new and more affordable private-loan repayment options, putting out a requestfor public comment on how to do so.
And it has issued a requestfor public comments on issues such as the use of lump sum loan payments (Where do consumers place loan money that they do not use immediately?) and long-term outcomes for borrowers (Do borrowers who still have a loan after 5 or more years typically feel that the loan was a good choice?).