NAICS 522291
Consumer Lending
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 522291.
NAICS 522291 federal market metrics
- Total obligations
- $401.9K
- Total awards
- 15 awards
- Active obligations
- $0
- Size standard
- $47,000,000 receipts
What this NAICS covers
NAICS 522291 covers consumer lending activities that originate and service loans to individuals, including unsecured installment loans, small-dollar credit, underwriting, disbursement, payments, collections, and borrower communications.
Federal opportunities under 522291 typically involve origination and servicing of consumer installment or small-dollar loans under specified underwriting criteria, borrower disclosures, payment processing, delinquency management, and loan-level regulatory compliance and reporting.
FAQ
What work fits NAICS 522291?
- Originate unsecured consumer installment loans to individual borrowers under program rules, including credit adjudication, loan documentation, fund disbursement, and borrower disclosures.
- Perform loan servicing for consumer loan portfolios: payment processing, billing statements, escrow administration when applicable, delinquency management, and borrower communications.
- Provide short-term small-dollar consumer credit products managed under contract parameters, including underwriting criteria, disbursement, and reconciliation.
- Supply credit decisioning and underwriting support integrated with borrower credit reporting as part of a lending origination and servicing contract.
When is NAICS 522291 a weak fit?
- Commercial or business lending where borrowers are companies and credit underwriting focuses on business cash flows rather than individual consumer credit behavior.
- Mortgage lending secured by real property where origination, underwriting, and servicing follow mortgage-specific legal frameworks and collateral management.
- Payment processing or card network services where the primary activity is transaction routing, authorization, and settlement rather than originating or servicing consumer loans.
What solicitation language points to NAICS 522291?
- Statement of work requires origination, underwriting, disbursement, and full lifecycle servicing of unsecured consumer loans with borrower-level documentation.
- Performance metrics tied to loan-level delinquency rates, repayment schedules, borrower outreach effectiveness, and monthly servicing reports.
- Solicitation requests proof of lending authority, consumer disclosures, regulatory compliance controls, and secure handling of borrower financial data.
Put this market knowledge to work
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