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Clear Creek Lending A common tactic of payday lenders is to ask you to pay using something called a continuous payment authority (CPA, also known as a recurring payment). This is where you tell it the 16-digit number on the front of the card. This gives the lender the right to take a payment whenever it wishes. For those on the brink of being able to pay their bills each month, this can be perilous. A commercial lender swooping in and diminishing your bank balance may mean you are unable to pay something else, possibly a priority debt like council tax. Amscot is regulated by state and federal laws. You may even want to cogitate having a second set of eyes evaluate the loan arrangement. You never know what one will see that you will not. Lots of lenders have tricky traps that borrowers only understand when they are feeling the wrath well into their loan.
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