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An example is a car loan where the car is used as security collateral for the loan. Billions of dollars of loans that previously would have been refinanced, were now due immediately. Whether you are starting up a new creditcardmechine business or looking to increase. Do i have a choice of deducting the lump sum buyout in the year of payment or do i have to amortize the cost over the 20 year period of receipt. View points, fees, payment and points.
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