Components of a Test that Might T rigger a Net-Tangible-Benefit Requirement

1. Components of a Test that Might Trigger a Net-Tangible-Benefit Requirement Most restrictive Least restrictive

2. Borrower’s Representations that Might Satisfy an NTB Requirement

3. Example of a Net-Tangible-Benefit Worksheet Loan Information Statement By initialing by the one or more items below, the borrower hereby represents that he or she will receive the following benefit(s) by obtaining this payday loan: ____ Lower my APR on an existing payday loan from ____% to ____%. ____ Extend the due date of an existing payday loan from _________ to __________. ____ Reduce the payment amount of an existing payday loan from $__________ to $__________. ____ Allow me to match my income and expenses this month despite a variance in my income due to (select all that apply): ____ self-employment income; ____ commissions; ____ overtime; other (explain) __________________________________________. ____ Allow me to pay a variable expense, the non-payment of which would cause (select all that apply): ____ loss of income; ____ embarrassment or inconvenience; ____ default penalties; or other (explain) ___________________________________________. ___________________ _________________ Borrower Date