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Since the due date of such a loan would be beyond that 30-day period, the lender would be free to make another covered short-term loan subsequent to the non-covered bridge loan without having to comply with proposed § 1041.
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If you have filed for personal bankruptcy, that fact stays on your report for ten years.
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- Similarly, the Bureau is not proposing to incorporate the NCUA prohibition on rolling over a Payday Alternative Loan.
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