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Re: Overdraft repayment plan

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#3001
dmurray
Participant

I don’t see how your vendor would have you use a TIL form for a repayment plan. Nor can I determine how/why a TIL was used when there isn’t any interest charged. The point of the TIL is to inform the customer how they’re paying for their loan, hence “Truth in Lending”

Are you stating that you only get your payment schedule from a TIL?