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WHO SAID URBAN LIFE IS THE BEST LIFE?

Have you ever seen so many financial institutions wanting to do business in rural areas?  The CFPB has provided yet another glimmer of hope for smaller financial institutions hoping to qualify as a small creditor. The Bureau announced yesterday, March 2, 2016, a new application process for smaller financial institutions to submit a request to determine if areas not currently deemed “rural” may be able to receive this coveted designation under federal consumer financial law. […]

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