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Similarly, if a lender forgoes the security interest in a borrower's vehicle, a borrower able to obtain the loan on otherwise identical terms would benefit from the elimination of the risk that the borrower would lose the vehicle.

Thus, for example, when the prohibition in § 1041.

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In August, the Consumer Financial Protection Bureau and the state of New York filed a lawsuit against two companies and their owners for misrepresenting the products as a sale and not a On Wednesday, Reps.

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Under the model ordinance, loans can only be rolled over three times or be made payable in four installments.

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In a new twist, scammers are also telling victims to load funds onto a prepaid card.

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