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Dean DeBuck Quotes
«We thought that was something that wasn't right. The minimum payment should have some effect on reducing the debt.»
«Because banks were having trouble deciding what was reasonable, we have gravitated toward 1 percent of the principal. This is not a hard and fast rule, and banks may establish other payment amounts.»
«What is a reasonable amount? One percent of the balance was what was decided to be reasonable.»
«We can't really comment [on the impact of the decision]. We just let the letters speak for themselves.»