Rule 69V-160.017, F.A.C., is amended to remove the requirement for interest to be paid in full-day amounts. Computer systems allow interest to be considered in aggregate rather than on a full-day basis. The amendment will ensure that payments are not held and applied at a later date, which could be detrimental to the borrower’s account by generating additional interest or the possible creation of late fees. Rule 69V-160.019, F.A.C., is amended to require interest for any deferred period to be added to the first installment payment to ensure that the overall calculated payment is not increased as the result of the deferred payment. Rule 69V-160.037, F.A.C., is created to identify collection practices that are deemed unreasonable. Rule 69V-160.111, F.A.C., is amended to provide a maximum penalty of revocation for violations of Sections 516.07(1)(c), 516.07(1)(j), and 516.07(1)(n), F.S., which relate to the failure to demonstrate financial responsibility, experience, character or general fitness; pleading nolo contendere to, or having been convicted or found guilty of, certain crimes; and failure to pay fees, charges or fines, respectively.