Doing Lending Is the Most Complex

Lending is one of the most compliant, er, most heavily regulated fintik products launch across. Each product actually e triggers a different set of regulations in and ill jus use an example. Le, you are doing an unsecured personal loan, and if you charge less than 36% then you are probably ok. If you charge 36 point one %, you may not be ok. And there is nowhere for people to what that line is. The same applies to loan terms. In some states, you can't actually do shorter term loans or small dollar loans, because they end a being categorized as paiday loans. So it's just marred with e regulations that company cannot