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Thus, loans paid out and repayments from customers can be made at the same facility, without the need of a bank account
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Provide a full, detailed list of all loans issued by Western Sky, which will be used to determine restitution payments to Minnesota consumers.
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The Bureau believes that there would be little incentive for consumers or lenders to move across loan products in this way, and information on such loans would be less readily available in any event under proposed §§ 1041.
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For situations when a lender obtains consumer consent to deliver the payment notice through electronic means, proposed § 1041.
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The Bureau seeks comment on all aspects of its approach to the form of disclosures and in particular to electronic delivery of the notices, as discussed further below.