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Although the legislative history on the meaning of the Dodd-Frank Act abusiveness standard is fairly limited, it suggests that Congress was particularly concerned about the widespread practice of lenders making unaffordable loans to consumers.
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Under Regulation T, brokers must
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Detailed credit checks would also be done since the amounts borrowed are much higher, and if you happen to have a lower credit score (e.
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Neither of these options are available when refinancing an existing Personal Loan where you've made five or less repayments.
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