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Customer's loan

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Customer's loan
Agreement signed by a margin customer that allows a broker to borrow margin securities up to the level of the customer's debit balance to help cover other customers' short positions.


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Craig Streem, vice president of corporate relations at Household, said the company cannot comment on a customer's loan history.
Loan service representatives, using Web browsers, can provide fast response to customer inquiries by having immediate access to all the documents related to a customer's loan.
We continue to service the customer's loan and are paid a servicing fee by the participant.
 
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