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The most extreme practice the Bureau has observed was a lender who attempted to collect payment from a single account 11 times in one day.
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You may be able to have it included as part of your income
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The Bureau solicits comment on whether these differential coverage criteria for single-advance and multiple-advance loans are appropriate, particularly in light of unique or emerging loan structures that may pose special challenges or risks.
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Bozarth Bechstein08 August 2015
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