Payment Law Advisor Legal Commentary and Resources for the Payment Industry

Fair Lending Analysis of Credit Cards

Posted in Deals and Technology

PLA today posts a link to a Philly Fed discussion paper entitled “Fair Lending Analysis of Credit Cards.”  The paper addresses, among other matters, disparate impact risks in credit scoring models and prescreen campaigns.  The paper is of interest not only for its conclusions and recommendations, but also as an indication of the continued regulatory focus on this area.

To read the full paper, click here.