The Federal Deposit Insurance Corp. (FDIC) announced it is seeking information about small-dollar lending among entities it supervises.
Specifically, commenters are being asked about the supply and demand of small-dollar lending products provided by banks, information about challenges banks face in offering small-dollar credit products and what role technology and other means can play in helping banks meet consumer demand in that area.
Read on to find out more about what the agency is hoping to learn.