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01 / 21 / 202101 / 21 / 2021

Features Included From the PALs I Rule

Features Included From the PALs I Rule The PALs II NPRM proposed to add a number of the structural popular features of the PALs I rule made to protect borrowers from predatory lending that is payday. Those features included a limitation on rollovers, a necessity that every PALs II loan must completely amortize throughout the...