DFPI grants license to ISA servicer
The agreement reflects DFPI’s decision to “treat these private financing products as student loans” for purposes of the California Student Loan Servicing Act (SLSA).
DFPI proposes small-dollar lending pilot
The Pilot Program for Increased Access to Responsible Small Dollar Loans is administered by DFPI and established under the California Financing Law.
Reminder: Complete annual continuing education for 2021 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.