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REPRESENTATIVE EXAMPLE: Amount of Credit 369.00. Total amount repayable 391.14. Repayable by 1st monthly installment of 68.27 (including admin fee of 22.14) followed by 7 monthly installments of 46.13.
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Amount of credit 369 refers to the total credit amount that is available for use or withdrawal by a customer.
All customers who have been granted credit by a financial institution are required to file amount of credit 369.
Amount of credit 369 can be filled out by providing details of the credit amount received, the terms of the credit agreement, and any other relevant information.
The purpose of amount of credit 369 is to keep track of the total credit available to customers and ensure accurate reporting of credit liabilities.
Information such as the credit amount received, the terms of the credit agreement, any outstanding balances, and any changes to the credit terms must be reported on amount of credit 369.
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