§ 24-13. Principal amount defined.

This section defines the loan’s principal amount as the amount or value actually received at the time of the loan, plus certain allowed charges and any borrower indebtedness paid by the lender on the borrower’s behalf.

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Jurisdiction: United States — North Carolina
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Official source: View official record ↗

loan principal calculation

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§ 24-13. Principal amount defined.

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