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I haven't tried to fight it very much except for a few times," Fleck said.
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This information would help ensure that certain risks of the loan and associated payments are consistently and accurately disclosed to consumers, according to the Bureau's authority under section 1032 of the Dodd-Frank Act.
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When the researchers included additional loans they described as being made under “alternative business models, such as loans extended under tribal jurisdiction,” the median loan amount borrowed was $800 for 187 days due in 12 installments at a higher median APR of 319 percent.
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