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Daily Payment Percentage
Daily Payment Percentage never changes from what was stated in the loan document unless the merchant requests it. Many of AML's merchants with high/low business cycle request lowering of the daily payment percentage before they go in to their slow season and change it back after the slow season is over.
Merchant can request daily payment percentage change in writing. AML almost always accommodates the request as long as it is reasonable.
AML does not change the daily payment percentage without first discussing the change with the merchant.
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