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Signing this document indicates that you promise to repay the student loan you are taking out.
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If you’ve made your application over the telephone We’ll keep you up to date by email or text as we progress your application.
If you choose to repay using an electronic check transaction (ACH debit), the deposit will be made at 3 pm Pacific Time and will be processed by your bank no earlier than 10 pm that night.
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The Bureau believes that permitting lenders to make underwritten covered longer-term loans without determining the consumer's ability to repay in accordance with proposed §§ 1041.
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