What does SPCI stand for?

Single-Premium Credit Insurance

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

He suggested banning single-premium credit insurance products in connection with residential mortgage loans.

Dodd reiterates pledge

HB 1150 would regulate single-premium credit insurance, a type of mortgage-loan protection often associated with predatory lending practices because the costs tend to be grossly disproportionate to the benefits.

Consumers get breaks in the House Panel OKs measures with bipartisan ...

In response to criticism of Associates First Capital's single-premium credit insurance on mortgage loans, Citigroup last June said it would phase out the product, replacing it with monthly premium mortgage insurance products, as the new products are approved by state regulators.

FTC files formal complaint over Citigroup lending tactics. (Companies)

BUSINESS WIRE)--April 17, 2002 Lenders searching for alternatives to single-premium credit insurance by October 1 can find workable options in plans offered by Securian Financial Network.

Six Months and Counting to Single Premium Credit Insurance ...

They include a ban on the purchase of mortgages with single-premium Credit insurance policies and requiring subprime lenders to accurately and fully report their borrower credit files to credit repositories.

FREDDIE MAC ANNOUNCES STEPS TO PROTECT BORROWERS