answersLogoWhite

0

What is a Charge use for using others money?

Updated: 8/21/2019
User Avatar

Wiki User

6y ago

Best Answer

If you are using others money legally, you have borrowed it from them in the form of a loan. You loan agreement will require you to pay it back to them in regular instalments over a finite period adding a bit to your payment each time in the form of "interest" on the loan. In the end you will therefore have paid back more than you borrowed.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a Charge use for using others money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When, if ever, is there a charge applied for using online banking?

Most banks do not charge for using only banking to view account details. Charges begin if you use the bill paying system or if you transfer money between accounts.


Do you have to pay a cash advance fee when you withdraw a large amount of money using a credit card and you are not in debt?

Yes, nearly all credit cards charge a cash advance fee when money is withdrawn against the account, regardless of your credit history. It's another way for them to make money. Some companies use a percentage to calculate the fee, while others charge a flat fee.


Do laptops need to be charged when not in use?

It depends. If you don't want to charge it while in use, then you can charge them when not in use. But if you always charge it when you are using it, then you probably don't have too. But if you only charge it sometimes while in use, I'd charge it while in use.


What are the benefits of using GE money bank?

The GE money bank offers a wide range of financial services, at affordable rates. You can use GE money for a high interest savings account, or a low charge checking account.


Is the money you receive for letting others use your money called interest?

Interest


Is a percentage of the amount loaned which is a charge for the use of the money?

INTEREST =op


What is real use of money?

To help others in their need.


Should a painter charge extra money in painting a new house if you use more than two colors?

I might be wrong but some painters to avoid this problem charge per wall they pain not per color ex) they use length * width to determine the size of the wall then they apply their pricing. But in my opinion I say a painter should charge more since he is using some money in buying the different paint.


Is there a fee for using a credit card with your company?

If you use a charge card and you do not pay the money you owe (for example) they will make you pay an extra fee. If you do not have any money in your bank account and you buy something you will get charged a very large fee. Companies usually accept most cards but a charge card of course.


There is any charge of using this site?

No- this site is completely free to use.


How do you use silly bands?

You can collect them, wear them, and trade them for others!


Does iPod mobile cost money?

Technically no using wifi is free but paying for the wifi costs money (Apple doesn't charge you but in order to get Internet you will need wifi to go mobile which will cost the owner money.) I use my next door neighbors they don't mind.