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The items of documentation listed in § 1041.

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The proposed rule would prevent lenders from attempting to withdraw payment from a consumer's account if two consecutive prior payment attempts made through any channel are returned for nonsufficient funds.


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General Assembly

The suit claims that after Western Sky supposedly originated the loans, it immediately assigned them to CashCall or similar companies, which then collected all payments on the loans and charge interest.

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If internal collection fails, some payday lenders may outsource the debt collection, or sell the debt to a third party.

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