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Also, a wage advance or any other deal is certainly not covered underneath the Payday financing Rule unless it comprises credit beneath the guideline

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Also, a wage advance or any other deal is certainly not covered underneath the Payday financing Rule unless it comprises credit beneath the guideline Hence, a wage advance which is not credit is certainly not susceptible to the Payday financing guideline. For this function, “credit” means the proper to defer re payment of financial obligation or even to sustain debt …

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