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What is the fee charged to borrow money called?
The fee charged to borrow money is called interest.
What is the process of paying a bank to let you borrow money called?
The process of paying a bank to let you borrow money is called "interest."
When you borrow money from a bank the money charged to you for the loan is called?
It is called "Interest" (I'm not sure if this is right)
What do people pay to borrow money?
The loan is called the principal. People pay interest to borrow money, but payment is interest plus money toward the principal.
What do you call a bank employee who helps customers borrow money?
A bank employee that helps customers borrow money would be called a loan officer.
When you buy U.S. government savings bond your doing so under the power given to the congress to?
The power that is given to congress is the ability to borrow money.
What is the fee charged to borrow money called?
The fee charged to borrow money is called interest.
What is the process of paying a bank to let you borrow money called?
The process of paying a bank to let you borrow money is called "interest."
Which are the powers that are held by both the national government and state governments such as the ability to levy excise taxes and borrow money called?
concurrent powers
When you borrow money from a bank the money charged to you for the loan is called?
It is called "Interest" (I'm not sure if this is right)
What do people pay to borrow money?
The loan is called the principal. People pay interest to borrow money, but payment is interest plus money toward the principal.
The amount of money borrow is called the?
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
What do you call a bank employee who helps customers borrow money?
A bank employee that helps customers borrow money would be called a loan officer.
Is targeted to borrowers with low credit scores high debt to income ratios or signs of a reduced ability to repay money they borrow?
A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow
What is targeted to borrowers with low credit scores high debt to income ratios or signs of a reduced ability to repay the money they borrow?
A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow
Does congress have the power to borrow money?
Yes, Congress has the power to borrow money on behalf of the United States government. This authority is outlined in the U.S. Constitution, which grants Congress the ability to borrow money to pay the debts and provide for the common defense and general welfare of the country.
Can you borrow money from your pension plan?
Can you borrow against money from your pension plan?
