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Does BCOBS affect the level of interest rates or the fees that firms can charge their customers?

April 26, 2017affect bcobs charge customers fees firms interest rates level

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Does BCOBS affect the level of interest rates or the fees that firms can charge their customers?

1 Answer

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10 Posted

BCOBS does not contain rules on the level of prices. However, it does require firms to provide information to consumers on interest rates and charges.