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The fee for lending money can refer to each of these:

1. Points. This is a term often used in mortgage lending.

2. Interest. This is most used for the cost of an unpaid loan.

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11y ago

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What is a term that refer to the fee a lender charges the borrower for lending money?

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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.


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