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This increased demand for liquid assets has occurred at a time when the low yields on these assets make them less desirable.
The Bureau believes that lenders could obtain much of this revenue without engaging in the practice of trying to withdraw payment from consumers' accounts after the accounts have exhibited clear signs of being in severe distress.
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The Bureau believes these findings provide insights into the challenges of informing borrowers in difficult financial circumstances about risks of borrowing, and therefore are relevant to the markets for covered longer-term loans, direct lender payday loans in 78130.
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