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Pension Advance Payments Were Loans, Regulators Say

By Evan Weinberger (November 23, 2015, 2:10 PM EST) -- Two of the nation's top financial regulators on Friday said that a California federal judge should reject claims from pension advance firms that they are not lenders and not subject to the two agencies' jurisdiction to impose an injunction on the firms that would stop them from potentially abusing consumers....

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