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Finance charge

   Also found in: Legal, Wikipedia 0.03 sec.
Finance charge
The total cost of credit a customer must pay on a consumer loan, including interest.

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Shoppers pay 10 percent of an item's value, then have 60 days to pay it off, with no finance charge.
A fee charged in connection with such a transaction may be a finance charge for purposes of section 226.
Establishing a national bank would be a technicality that would allow Carter Hawley to be exempt from complying with certain state finance charge regulations in the state.
 
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