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Home » Store » News » Household Announces New Subprime Best Practices Slate

Household Announces New Subprime Best Practices Slate

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The ink is barely dry on Household Finance’s plans to drop the controversial – and lucrative – practice of financing credit life insurance premiums. But already the company has announced more changes in its lending policies. The subprime giant, which generated nearly $5 billion in loans during the second quarter of this year, said its plank of best practices is "the broadest set of voluntary responsible lending initiatives ever seen in the consumer finance industry."
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