2. Payday advances; deferred presentment. Credit carries a deal by which a cash loan is built to a customer in return for the customer’s individual check, or in trade when it comes to customer’s authorization to debit the buyer’s deposit account, and in which the parties agree either that the check won’t be cashed or deposited, or that the buyer’s deposit account will never be debited, until a designated future date. Continue reading “To find out whether or not the March 2000 formal staff revision must have retroactive application”
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