MVEDC Subscribes to the Borrower’s Bill of Rights

MVEDC has joined the Community Development Financial Institutions (CDFI) Fund and Community Lenders throughout the US who are pledging to uphold fair lending standards for their organizations by subscribing to the Borrower’s Bill of Rights.

These standards include:

  1. The Right to Transparent Pricing and Terms
  2. The Right to Non-Abusive Products
  3. The Right to Responsible Underwriting
  4. The Right to Fair Treatment from Brokers
  5. The Right to Inclusive Credit Access
  6. The Right to Fair Collection Practices

The complete text of the Borrower’s Bill of Rights is available as a downloadable .pdf document. Click here.