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Does anyone know if Amex takes out a UCC lien on borrowers for these lines of credit?
@rkiss12 wrote:Does anyone know if Amex takes out a UCC lien on borrowers for these lines of credit?
It's not a secured loan, so it would have no right to do that.
It's not really a line of credit, BTW; it's just a series of installment loans, with high fees.
