Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The Company now includes securities in its allowance for credit losses, potentially impacting financials.
  • The Company's loan and securities portfolios may face increased expected losses, affecting financial stability.
  • Increased regulatory scrutiny by the CFPB on fair lending practices may impact profitability.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=719402&owner=exclude

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