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Under any lending, prime and non-prime, some loans will default
The task for todayвЂ™s regulators lies in piecing together these different realities into the right framework that delivers just the right stability of customer security, market innovation, and economic intermediationвЂ”no simple task. You will see strenuous debate about exactly just just how regulators, specially the newly-created CFPB, are making an effort to achieve this balance inside their laws. Listed below are a few ideas to take into account in assessing legislation.
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