A pending credit is unavailable for use by the card or account holder and does not affect purchasing power; typically, a pending credit results when an ACH load that has been accepted but the funding hasn’t yet cleared.
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Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016,
issued by Department of Insurance and Financial Services.
Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521