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What is alternative financing?
Alternative financing is financing that has a higher interest rate and is not considered conventional or first tier. It is procured from lenders that charge fees and higher interest rates.
What is higher APR or interest rate in mortgages?
The APR is the rate plus certain fees over the life of the loan. If there are no fees, the rate and APR are the same. If there are fees, the APR is higher than the rate. The more fees, the higher the APR.
What is a bankcard fee?
A bankcard fee is a charge imposed by a financial institution or payment processor for the use of a bankcard, such as a debit or credit card, during a transaction. These fees can include transaction fees, annual fees, or service charges associated with processing payments. Merchants may also incur fees when accepting bankcards, which can be passed on to customers in the form of higher prices. Overall, bankcard fees help cover the costs of transaction processing and fraud prevention.
Which investment option typically involves higher fees and is actively managed?
Mutual funds typically involve higher fees and are actively managed.
Is it possible to write a check without having sufficient funds in your account?
No, it is not possible to write a check without having enough money in your account to cover the amount written on the check. If you do so, it is considered a form of fraud and can result in penalties and fees.
Are concierge fees tax deductible?
Concierge fees are generally not tax deductible as they are considered personal expenses.
What are the disadvantages of using a credit card abroad?
The disadvantages of using a credit card abroad include foreign transaction fees, currency conversion fees, potential fraud risks, and limited acceptance in some places.
What happens if you deposit the same check twice?
Depositing the same check twice is considered a form of check fraud. It can result in the check bouncing, fees being charged to your account, and potential legal consequences. It is important to only deposit a check once to avoid these issues.
Are late fees paid by a tenant considered income?
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Are concierge doctor fees tax deductible?
Concierge doctor fees are generally not tax deductible as they are considered personal expenses.
Can you take a break in your mortgage payments?
No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.
In most states nonresidents have to pay higher fees to .?
to hunt and fish
