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Stephen Weiss said Stumpf has done "a great job" but that what the company has admitted to is "disgraceful" but that what's "really disgraceful" is how Congress is handling this.
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The Bureau solicits comment on the reasonableness and appropriateness of each of the eligibility criteria proposed and also solicits comment on whether the Bureau should require that additional criteria be satisfied before an entity may become a registered or provisionally registered information system pursuant to proposed § 1041.
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The Bureau seeks comment on this proposed statement of Federal law prohibition, including the breadth and benefit of the statement and its location within the consumer rights notice.
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According to the graphic, consumers begin by applying to ACE for a loan, which ACE approves.
In New Mexico, a 2007 law triggered the same rapid shift.
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