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Rather, the proposal would impose a duty on lenders to determine the consumer's ability to repay when a lender obtains a leveraged payment mechanism or vehicle security.

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Leslie Pettijohn, the head of the state Office of the Credit Consumer Commissioner, warned Carona

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[51] Financial researchers at Duke University said in a study that short interest is an indicator of poor future stock performance (the self-fulfilling aspect) and that short sellers exploit market mistakes about firms' fundamentals.

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Today's announcement will ease the process of obtaining forgiveness for these struggling borrowers and ensure they receive this entitlement under the law.

For these reasons, the Bureau believes that lenders may take unreasonable advantage of consumers' lack of understanding of these risks and costs, and of consumers' inability to protect their interests, when they make covered longer-term loans without making any reasonable determination that the consumer will have the ability to make the payments under the loan.

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Testimonials

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11 October 2015

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15 October 2015

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16 May 2016

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