In credit card receivable ABS, principal cash flows can be altered only when the: A. Lockout period
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In credit card receivable ABS, principal cash flows can be altered only when the:
A. Lockout period expires.
B. Excess spread account is depleted.
C. Early amortization provision is triggered.
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The correct answer is C Early amortization provision is triggered The early amortization provision i...View the full answer
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