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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Consumer Protection Topics - Loans

Loan Basics

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There are many types of loans, such as student loans, vehicle loans, and business loans. Consumer protections may vary by loan type. We provide more information below on common loans and tips to consider when borrowing money for certain purposes. For more information on student loans, visit our Student Loans Page.

Vehicle Loans

For most consumers, an auto loan is their biggest monthly expense after their mortgage or rent payment. That's why, when you're thinking about buying a car, it's important to thoroughly research loan options. Here are some strategies to consider:

Business Loans

Business loans are not subject to most federal consumer protection laws and regulations. However, in 2010 the FDIC, along with other federal and state financial regulatory agencies, issued a statement on prudent lending to small businesses titled, “Meeting the Credit Needs of Creditworthy Small Business Borrowers.” The FDIC also reviews industry practices regarding the accessibility of credit and to ensure the availability of financing to creditworthy small business borrowers. If you have a question or issue concerning a business loan involving an FDIC-supervised institution, please contact the FDIC by submitting the Business Assistance Form.

Consumer Protections Available

Certain types of loans are covered by consumer protection laws and regulations but others are not. For example, commercial and agricultural loan transactions are not subject to most federal consumer protection laws and regulations. Generally, consumer protection laws cover loans established primarily for personal, family, or household purposes. Some common consumer protections include:

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