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  2. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    The total value of the settlement will be about $7.25 billion. [9] [10] This amount could be decreased based on the number of plaintiffs who opt-out. [11] A part of the settlement that allows merchants to charge fees to customers paying via credit card in order to recoup swipe fees took effect on January 27, 2013.

  3. Merchant cash advance - Wikipedia

    en.wikipedia.org/wiki/Merchant_cash_advance

    A merchant cash advance (MCA) is a type of business funding in which the funder is paid by taking a percentage of the businesses' revenues or sale proceeds. [citation needed] The term Merchant Cash Advance is commonly used to describe a variety of small business financing options characterized by purchasing future sales revenue in exchange for short payment terms (generally under 24 months ...

  4. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

  5. What is a merchant cash advance? - AOL

    www.aol.com/finance/merchant-cash-advance...

    A merchant cash advance loan forwards payment to your business against future credit or debit card sales. It’s typically used to increase working capital for businesses and cover cash flow gaps ...

  6. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    The Payment Card Interchange Fee and Merchant Discount Antitrust Litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, MasterCard, and numerous financial institutions that issue payment cards. The suit was filed due to price fixing and other allegedly anti-competitive trade practices ...

  7. Visa and Mastercard agree to $30 billion settlement that will ...

    www.aol.com/visa-mastercard-agree-30-billion...

    The settlement is set to lower swipe fees merchants pay when customers make purchases using their Visa or Mastercard by $30 billion over five years, according to a press release announcing the ...

  8. What are debt relief companies and how do they work? - AOL

    www.aol.com/finance/debt-relief-companies-look-3...

    Key takeaways. Debt relief can take three forms: debt settlement, consolidation and management. Working with a debt management company can result in less debt or a faster payoff — but there are ...

  9. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.

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