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The Bureau specifically seeks comment on the burdens of providing these notices through paper and the utility of paper notices to consumers.
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The Bureau seeks comment on both the incremental burden and incremental benefit of providing the payment notice before all upcoming payment transfers, rather than just before unusual attempts.
These loans are paid back over multiple periods with a set payment amount.
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You can use an online calculator such as one provided by MSN Money to calculate that cost ratio yourself.
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