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Finance charge |
Also found in: Legal, Wikipedia | 0.03 sec. |
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Shoppers pay 10 percent of an item's value, then have 60 days to pay it off, with no finance charge. A fee charged in connection with such a transaction may be a finance charge for purposes of section 226. Establishing a national bank would be a technicality that would allow Carter Hawley to be exempt from complying with certain state finance charge regulations in the state. |
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