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If the FTC wins its case, the impact on the lenders cash flow and profits will be significant, if not extreme. If the ability to extract payments by means of electronic funds transfers that extend the life of the loan while fees rapidly mount is what this industry is built on, there could be an industrywide shakeout from which the industry may not recover. m6500 service manual metro all.ru
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Wonga announced in mid-December that it was tweaking its prices to comply with the rules, but that it would stop offering loans of less than 50 as a result.
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