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860 cash Can Be Fun For Anyone

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Finance Co originates unsecured consumer loans. Loans prepared off as uncollectible are periodically pooled and offered to a group company. No, the transaction falls outside the scope of ASC 860. The counterparty (trust) is definitely the issuer of the certificates surrendered by the reporting entity, together with the originator of https://margareto013ggg4.wikifordummies.com/user

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