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While similar empirical evidence is not available for disclosures warning borrowers taking out covered longer-term loans of the risks associated with those loans, the Bureau believes that such disclosure would also be ineffective in warning borrowers of those risks and preventing the harms that the Bureau seeks to address with the proposal, installment loan direct in South Carolina.
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Examples include providing a device to access funds from a deposit account, or depositing a payday Fair Debt Collection Practices Act (FDCPA)
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Some alternative lenders can transfer money into your account as soon as the next business day depending on when you apply.