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State regulations also restrict the maximum interest payday lenders can charge, but increased competition means you can expect to find some loan providers that charge lower interest than others.
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Payday loans 7 days a week some lenders have access to services that pull data from other sources for people in just your situation, says Tescher.
The Bureau invites comment on whether this timing requirement should be included, or whether the requirement for lenders to provide the consumer rights notice before obtaining a consumer's reauthorization under proposed § 1041.