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Two of the Bureau's other advisory bodies also discussed the proposals outlined in the Small Business Review Panel Outline: The Community Bank Advisory Council held two subcommittee discussions in March 2017 and November 2017, and the Credit Union Advisory Council conducted one Council discussion in March 2017 and held two subcommittee discussions in April 2017 and October 2017.
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The cost of reborrowing for auto title borrowers is even more dramatic given the higher price and larger size of those loans.
After that, you really need to sit down on the telephone and start calling to see what kinds of requirements each of them have, interest rates that are involved, the term of the loans in months, and if they need such things as cosigners, collateral, or time on the job.
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The Bureau solicits comment on whether to include a maximum duration for loans under § 1041.
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This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement.
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15 July 2015
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14 October 2015
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31 May 2016
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