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Don Phillipson Don Phillipson is offline
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Default charging a pay-off penalty when paying off a loan

wrote in message
ps.com...

What's in the loan agreement isn't going to overide a law that says
they can't charge a pre-payment penalty.


Why do you suppose this true, if two parties agree in
writing on any contract specifying a prepayment penalty?

--
Don Phillipson
Carlsbad Springs
(Ottawa, Canada)