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” Based on the evidence discussed in Market Concerns—Payments, the Bureau proposes to find that, with respect to covered loans, it is an abusive act or practice for a lender to attempt to withdraw payment from a consumer's account in connection with a covered loan after two consecutive failed attempts, unless the lender obtains the consumer's new and specific authorization to make further withdrawals from the account.
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With beers and profit palm the walkout after me.
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