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Interest charge – A fee that a lender will charge borrowers so that you can borrow revenue from them. It can be expressed in proportion % for each annum.
Charge off – This is the bank card debt or bank loan which is prepared off as becoming uncollectible from the borrower. This from time to time is the case if the loan has actually been sold or provided the credit card debt to some selection company. This debt stays collectable.
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Deposits underneath any of those trade names are deposits with Green Dot Lender and so are aggregated for deposit coverage coverage up towards the allowable restrictions.
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