Therefore, we have proposed using a loan's annual percentage rate, or APR, to determine whether the loan is covered by stricter regulations. 4 Because the APR is closely correlated to risk, the proposed protections would cover loans with higher risks rather than single out particular risk factors or underwriting practices.
The interactive mapping tool which has been developed is able to provide consumers of financial services in the area with the ability to find financial access points within a 5km radius of any point on the map. This Proximity-based approach reflects geographic distribution of financial access points creating an ease of access to live information of the services provided by the access points. 12.