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Unlike other financing options, Rapid Capital Funding does not require a plan for the money and doesn't require it to be used for any specific purpose.
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The regulations of the Dodd-Frank are still being written.
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For example, the Bureau seeks comment on whether the conditional exemption should be limited to loans made to consumers with whom the lender has a pre-existing relationship and, if so, what type and duration of relationship should be required.
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Neither of these options are available when refinancing an existing Personal Loan where you've made five or less repayments.
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