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Reply To: Reg Z – Crediting of Payment – Closed-end Loans

#3515
tstrait
Participant

Thank you, Robin. Yes. I was aware of those changes. We have recently switched processing methods and were unsure how much manual involvement would be required to make this scenario work. I was trying to buy time until January to insure it was working properly. We confirmed last week that the system can handle these payments/subsequnet billing correctly.