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RMAI Update August 2024

RMAi Blog

The bill would broadly define medical debt to mean “a debt related to, in whole or in part, a transaction, account, or balance arising from a medical service, product, or device.” First Credit Union v. We recently received several amendments proposed by the sponsor which are currently under review. T-Mobile USA, Inc.,

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Consumer Lending Compliance: Hot-Button Issues to Monitor

Abrigo

Banks and credit unions extending payments on vehicle loans, personal loans, or other consumer loans had to ensure they provided accurate disclosures in compliance with federal and state consumer protection laws. Regulation B, implementing the Equal Credit Opportunity Act (ECOA) for fair lending.

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Wire Transfers Explained: 10 Things You Absolutely Need To Know

truly financial

Both domestic and international fund transfers can be broken down into two additional sub-categories: - Intra-Bank: Transferring between accounts within the same bank. This is also known as EFT (Electronic Funds Transfer) or ACH (Automated Clearing) in several countries. 4: How Do Wire Transfers Work?