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Regrettably, your proposed guideline is just a variety of loan laundering that could allow non-bank loan providers to circumvent our state laws and regulations while making customer loans that exceed our state’s limitations.

Regrettably, your proposed guideline is just a variety of loan laundering that could allow non-bank loan providers to circumvent our state laws and regulations while making customer loans that exceed our state’s limitations. Here’s just just exactly how this proposition…

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