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DIVISION OF BANKING 1511 Pontiac Avenue, Building 681 Cranston, Rhode Island 02920 Telephone (401) 4629503 Facsimile (401) 4629532TO:LENDER, SMALL LOAN LENDER, LOAN BROKER AND THIRD PARTY LOAN SERVICE
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A small loan is a financial product typically for a small amount of money that is borrowed and must be repaid with interest.
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To fill out a small loan application, the borrower must provide personal information, financial information, and details about the loan amount and purpose.
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The purpose of a small loan is to provide individuals with access to quick funds for emergencies or unexpected expenses.
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Information such as personal identification, income verification, employment details, and the requested loan amount must be reported.
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