Legal definition of penalty rate
Credit Repair Legal Terminology

penalty rate

1
This is a high rate that is imposed by a credit card issuer if you defaulted on your monthly payment.
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CFR 10, Parts 51 to 199, Energy, January 01, 2017 (Volume 2 of 4)CFR 10, Parts 51 to 199, Energy, January 01, 2017 (Volume 2 of 4)
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Examples & Explanations: Federal Income Taxation, 6th EditionExamples & Explanations: Federal Income Taxation, 6th Edition
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John W SchedlerAttorney at LawPRACTICE AREA: Professional Malpractice, Insurance Litigation, Workers Compensation
Roger K AndersonAttorney at LawPRACTICE AREA: Professional Malpractice, Insurance Litigation, Litigation
Jill A DouthettAttorney at LawPRACTICE AREA: Business Law, Labor & Employment Law, Insurance Litigation
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