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Furthermore, the Bureau seeks comment on current reporting requirements under State, local, or tribal laws and regulations for lenders that make covered loans, including on the scope and frequency of such requirements.
In P2P lending, a borrower has to post about his or her loan details.
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- We ask for your ZIP Code as product offerings and features may differ among geographic locations.
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High-risk borrowers, such as businesses with poor credit histories or known slow-pay accounts, tend to pay higher interest rate costs.