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The following are examples of funds transfers that are for the purpose of collecting any amount due in connection with a covered loan.
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The contracts had stated APRs ranging from about 23 percent to 46 percent.
The proposed rule would prescribe requirements to prevent the practice.
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To the extent any portion of these Terms and Conditions is determined to be unenforceable by a court of
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Because of lenders' strong incentives to facilitate reborrowing that is beyond the consumer's ability to repay, the Bureau believes it is appropriate, in proposed § 1041.
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