§ 1041.4 - Identification of unfair and abusive practice.

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§ 1041.4 Identification of unfair and abusive practice.

It is an unfair and abusive practice for a lender to make covered short-term loans or covered longer-term balloon-payment loans without reasonably determining that the consumers will have the ability to repay the loans according to their terms.

                    
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§ 1041.4 - Identification of unfair and abusive practice.

§ 1041.4 Identification of unfair and abusive practice.