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The Bureau notes that, depending on how a lender treats a missed payment, an amount past due may be reflected in an update to the amount due on a future payment date; for example, if the lender agrees to defer the consumer's obligation to make the payment until the next payment date.
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He is a graduate of The University of Toledo with Masters and Bachelors in Business Administration majoring in finance.
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If were caught doing this we lose our ability to teach NMLS approved courses!
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