CECL Credit Application Information 
Abrigo
MAY 30, 2023
At Abrigo’s recent ThinkBIG conference, hundreds of bank and credit union staff members attended information sessions on the issue. Reporting on the data is also expected to help identify small business owners’ needs and credit opportunities. These banks, credit unions, and other lenders have to begin collecting data on Jan.
Abrigo
SEPTEMBER 14, 2022
Notably, collected data and institution information will be made publicly available on an annual basis on the CFPB’s website. Covered financial institutions will be required to collect applicant-provided data in a manner “reasonably designed to obtain a response.” The mandatory 13 data points are listed below. If they don’t?
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