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What’s CECL and How Will it Change How You Get Loans?

May 21, 2019 by Pam Maynard

What's CECL and How Will it Change How You Get Loans?

Current Expected Credit Losses, or CECL, is a standard upon which all lending institutions must abide. The standard is about to change again on January 1, 2020. The goal of the upcoming change is to provide an increase in transparency for credit risk. Institutions will need to provide the Securities and Exchange Commission (SEC) with […]



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