WASHINGTON — Two regulators' decision to finalize restrictions for deposit-advance loans is furthering debate over whether banks will lose short-term credit business to unregulated lenders.

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. issued final guidance on deposit-advance products Thursday that was substantively identical to their April proposal. To the industry's chagrin, the guidelines bar advances to a borrower before a prior one is repaid, and require a one-month "cooling off" period between successive loans to one consumer.

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