Besides the charge described in portion 13(one), a licensee may perhaps cost an affordable charge for furnishing credit card debt administration companies beneath a financial debt administration program. The price below this subsection shall not exceed fifteen% of the quantity of the credit card debt to generally be liquidated in the course of the Specific expression with the strategy.
Every single creditor to which payments are going to be made and the amount owed Each and every creditor. A licensee may possibly rely on records of the debtor together with other information and facts accessible to it to find out the amount owed to a creditor.
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