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CFPB proposes expansion of ‘small creditor’ status, ‘rural’ areas
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Banking, Legislation
Friday, January 30, 2015
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In a move the Independent Community Bankers of America told Dodd Frank Update was “a step in the right direction,” the Consumer Financial Protection Bureau has issued a proposed rule to revise the bureau’s regulatory definitions of “small creditor” and “rural and underserved areas.”
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