Non-bank lenders are subject to regulatory oversight and must adhere to specific financial standards, but there are some key differences compared to traditional banks that can impact perceptions of safety: Regulatory Oversight: Banks: Traditi ...

If a non-bank lender goes bankrupt, it generally does not mean you will lose your property. Here’s what typically happens in such a situation: Servicing of the Loan: If a non-bank lender goes bankrupt, another financial institution or a third-part ...

Non-bank lenders, like any other financial institution, operate within a competitive market and are subject to regulatory oversight, which helps to protect consumers from unfair practices. However, it's essential to understand the dynamics and risks ...