Consumer Loan Applicant FAQ
FAQs
We will always apply the minimum rent expense for a studio apartment in your county. We get this from the annual Fair Market rent tables published by the Department of Housing and Urban Development (HUD). Rent-free living may not be sustainable so we use what it may cost you to rent a small place in your current community. This is true for all rent situations, so if your rent is lower than this average, we do use the average.
