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(A) A short-term credit service transaction may require either single payment or multiple payments.
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NZBA chief executive Karen Scott-Howman said banks were working to re-open their branches in affected areas.
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Both bank surveys reported low charge-off rates: in the community bank survey the average net charge-off rate for loans under $1,000 was 1 percent and for larger loans was less than 1 percent (.
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