These agreements also provide customers with a convenient method to repay their debts in the event of financial or personal difficulties and allow the bank to avoid the time and cost of recovering the loan balance from a borrower`s estate in the event of the borrower`s death or other specific circumstances.  Debt relief contracts are available for consumer loans, including installment loans, auto loans, mortgages, home ownership lines of credit (home equity line of credit) and leases. The borrower pays a fee to a creditor who receives the protection granted. Bundesbank regulators, federal courts and most states recognize CCDs as banking products because they do not have the attributes of insurance. CCDs are available from state and state-chartered custodian banks as well as non-custodian creditors. CCDs are subject to comprehensive regulation by federal and state supervisors. CCDs can occur either with the underlying lending activity or after a loan or line of credit has been closed or established. In the absence of evidence that the abuses identified by commentators take place in the CDC or DSA market, we have refused to enact a blanket ban on fixed fees. However, we are still concerned that abuses similar to those in the credit insurance market are not developing with respect to CCDs or ADSs provided as part of real estate mortgages. To protect against this result, the latter rule prohibits a national bank from requiring a customer to pay the costs of a CDA or DSA in a single payment to be paid at the beginning of the contract if the debt that is the subject of the contract is a residential mortgage. The rule allows single payment contracts for all other consumer loans, but requires that banks that offer the option to pay the fee in a single payment also offer the bona bona faith option of paying that contract in regular payments. In such cases, the bank must also provide certain information relating to fees. A debt cancellation contract is essentially a contract that describes the agreement between the lender and the borrower.