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But a confluence of factors creates obstacles to free and informed consumer decision-making, preventing consumers from being able to reasonably anticipate the likelihood and severity of injuries that frequently result from such loans.
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There is no playbook," Weiss said, finally getting to what should have been the lede of the program 15 minutes into it.
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Based on the Bureau's outreach to consumer reporting agencies that may be interested in becoming registered information systems and our understanding of the other activities in which they are engaged or plan to be engaged, the Bureau believes it highly unlikely that any provisionally registered information system would not be covered by the Safeguards Rule.
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Some States limit the initial loan term to one month, but several States authorize rollovers, including automatic rollovers arranged at the time of the original loan.
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