Camilla 1000 Payday Loan

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The Bureau solicits comment on whether the trigger for coverage should be based upon the total cost of credit rather than the APR.

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1000 Payday Loan

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Section 1022 of the Dodd-Frank Act provides that the Bureau's director “may prescribe rules and issue orders and guidance, as may be necessary or appropriate to enable the Bureau to administer and carry out the purposes and objectives of the Federal consumer financial laws, and to prevent evasions thereof.

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