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The Bureau's research underscores the risk that consumers who reach the fourth loan in a sequence of covered short-term loans will wind up in a long cycle of debt.
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Loans by an international money lender must have an initial repayment period of less than one year and shall not be secured by title to real property, a motor vehicle, tangible personal property, or any other type of collateral other than the Loan Agreement and ACH authorization agreement, payday loans near me in Iola.
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Falling short for cash to meet the necessary expenses pending fees, medical bills, or other charges to pay is an obvious thing.