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Policy to Encourage Trial Disclosure Programs

By February 19, 2013May 22nd, 2024No Comments

OLA submitted a comment letter responding to the CFPB ‘s Proposed Trial Disclosure Policy.  Although the letter addresses the Proposed Policy and makes recommendations for improvement, the focus is on APR and how APR is an ineffective and misleading measure of the cost of a short-term loan.

Comment on CFPB Trial Disclosure Policy 02152013