Answer:
There is no prohibition against relationship pricing.
First published on BankersOnline.com 6/07/10
Preferential Interest Rate
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Question:
Is it legal to pay to only a few customers a higher interest rate than disclosed and paid to other customers? I would think TISA would not allow this, but I can't find anything specific in the statute. We want to do this so as to not lose a large account.
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