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Typically, the Ethics Consultation Service is able to respond quickly to requests for assistance.
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For some lenders that make loans that are only slightly above the 36 percent coverage threshold to qualify as a covered longer-term loan, they may also choose to reduce origination fees, set a minimum loan size or minimum term, or defer the sale of add-on products until after the loan is originated if doing so would bring the total cost of credit below 36 percent, top online payday loans in Pecos.
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- The Bureau is issuing this proposed rule pursuant to its authority under the Dodd-Frank Act.