The Proposed Rule provides a conditional exemption from specific conditions for Covered Loans fulfilling more information on extremely certain needs:
The Proposed Rule provides a conditional exemption from specific conditions for Covered Loans fulfilling more information on extremely certain needs: Conditional Exemption for Covered Longer-Term Loans as much as 6 Months[9] The Proposed guideline provides a conditional exemption from its conditions according to the capability to repay,[10] further restrictions,[11] and disclosure of a scheduled payment from the consumer’s account,[12] for…read more →