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Proposed comment 11(d)-1 clarifies that proposed § 1041.
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“Fees and Charges” means the fees and charges specified in the Loan Schedule from time to “Nominated Account” means the account nominated by you for the “Outstanding Balance” means the difference between all amounts credited and all amounts debited to you under the Contract from time to time;
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We applaud Capital One for agreeing to waive the requirement.
If in that 8-year period, the person received $1300 a month that would equate to $124,800 over that period.
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