IT Examiner School eBook

4 Primary Types of Non-Depositories

Mon ey Se r v i c e Bu s i n e s s e s (MSBs )

Mo r t g a ge O r i g i n a t o r s & Se r v i c e r s Providers of mortgage products & services

Money transmitters, payments providers, prepaid/stored value, currency exchangers and check cashers

Con sume r F i n a n c e Providers of consumer loans, auto loans and small loans such as payday loans.

De b t Co l l e c t o r s

A company that regularly collects debts owed to others, usually when those debts are past-due.