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Never release any data, this is the white-hat option after all.
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- It also believes that adjusting to the proposed rule would not be a heavy burden for such lenders.
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Now, to be clear, Ronald Mann says that CCRF did not pay him to do the study, and did not attempt to influence his findings; but nor does his paper disclose that the data collection was handled by an industry-funded group.
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It is critical that lawmakers such as Sanchez and regulatory agencies like the Consumer Financial Protection Bureau know the difference.