Repayment of Any Extension of Credit Law and Legal Definition
According to 18 USCS § 891 [title 18. Crimes and criminal procedure; part I. Crimes; Chapter 42. Extortionate Credit Transactions], repayment of any extension of credit includes “the repayment, satisfaction, or discharge in whole or in part of any debt or claim, acknowledged or disputed, valid or invalid, resulting from or in connection with that extension of credit.”
