On the recordMay 15, 2012
So how do you--so then you bid these out to a third party. How do you decide--I know it is to the highest bidder, but--
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congress.govSo how do you--so then you bid these out to a third party. How do you decide--I know it is to the highest bidder, but--
Renacci questions the bidding process for loan packages.
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Financial activities are widespread. You can almost go into any company and say they have financial activities.
The question is really simple, what are you going to do with the $94 million of, as you call it, unobligated balances?
Do the financial institutions that you regulate which offer short-term, low-dollar loans require the borrower to have above-average credit?