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lending institution |
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The perks, the APR rate, the membership fees and late fees depend on the lending institution that issues the credit card. 5) Responsibilities of lending institution under the facility i) The lending institution shall provide financing after carrying out proper due diligence of the MFB/MFI, keeping in view the risk profile of the borrower and in light of policy developed, duly approved by its Board of Directors, for providing financing under the However, many individuals, for whatever reason, will try at all costs to avoid communication with the lending institution when they know that they have fallen behind on payments. |
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