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I know for Education Loans there are special disclosures and requirements involved in offering these loans. We currently don’t offer education loans. I had a Loan Officer question me as to whether a loan made to a customer for ongoing training for their job would be considered a Education Loan? The customer would have a 1 year note and then this would be renewed for another year, after that time period the city will repay the loan as long as their employee passes the course. I can’t decide if this would be considered an Education Loan or not?
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