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They either declined or ignored NPR's requests for comment.
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He stressed that one reason JLL was originally comfortable with ACE was that the company did not try to surreptitiously do business where it wasnt allowed (there have been accusations that other payday lenders have still tried getting into such states via online platforms).
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In developing this proposal, Bureau staff met with dozens of lenders, nearly all of which stated they already use some method—though not necessarily the precise methods the Bureau is proposing—to verify consumers' income as a condition of making a covered longer-term loan.
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