0
What else can I help you with?
What is lending of money?
it is when you give someone money, then you have to give back what you have borrowed. does that make sense?
For what is wick cutter known in the town of black hawk?
Lending money unfairly
What is meaning to Repo rate?
the no of times a husband sleeps with his wife is called repo rate
Is Berkley Lending Group legitimate?
Absolutely not. I offered to send certified funds directly to them. They insist on needed a money gram to Canada. They are shady and a total scam.
What is Korean money called?
It is the won.
What is a term that refer to the fee a lender charges the borrower for lending money?
The fee is known as charging interest.
What is the fee charged for lending money called?
The fee charged for lending money is commonly referred to as interest. It is typically expressed as a percentage of the principal amount lent and represents the cost of borrowing over a specific period. Interest can vary based on factors such as the lender's policies, the borrower's creditworthiness, and prevailing market conditions.
What is the practice of lending money for interest known as?
The practice of lending money for interest is known as usury. This involves charging a fee for the use of borrowed money, typically expressed as a percentage over a period of time.
What is the fee charged to borrow money called?
The fee charged to borrow money is called interest.
What is the practice of lending money with iniquitous rates?
The practice of lending money, with interest rates "above the lawful rate", is called usury.
The fee that a company must pay when borrowing money to fund their business is called?
The fee that a company must pay when borrowing money to fund their business is called interest. This is typically expressed as a percentage of the loan amount and is charged by lenders as compensation for the risk of lending and the opportunity cost of their funds. Interest can vary based on factors such as the borrower's creditworthiness, the loan's duration, and prevailing market rates.
How do banks earn revenue by lending money?
All banks earn a revenue by lending money. Banks make profit and generate revenue by two ways:By charging you a fee for the services they provide youBy lending the money you have deposited into your account, to other loan customers and getting an interest on the same.Interest income is the highest revenue and profit generator for any bank.
What is a fee charged for using money is called?
intrest?
What is the fee a borrower pays to the lender for using money?
The fee a borrower pays to the lender for using money is called interest. This is typically expressed as a percentage of the loan amount and is calculated over a specified period of time. Interest compensates the lender for the risk of lending and the opportunity cost of not using that money elsewhere. The total interest paid can vary based on the loan's terms, the borrower's creditworthiness, and prevailing market rates.
Is there much money to be made in hard money lending?
You can make a profit in lending money. Success depends on who you lend to.
What is it called when you don't owe anyone money?
intrest fee
What is the practice of lending money for interest?
the practice of lending money is the practice of your moms vagina
