Finance Charges


Also found in: Legal.

Finance Charge

The cost of obtaining financing, especially through debt. Often it refers to the interest one must pay, expressed as the annual percentage rate. See also: Cost of capital.

Finance Charges

Amounts paid for the privilege of making purchases on a deferred-payment basis.
References in periodicals archive ?
This resulted in her balance on the second card ballooning to Dh1,050,933.57 in 10 years due to finance charges and interest.
Aside from failing to properly disclose finance charges, Moola violated the terms and conditions of its certificate of authority, when it imposed interest rates and penalty charges inconsistent with those declared in its business plan, the SEC said.
There is no cap for mutually agreed upon finance charges for loans of more than $2,000.
That probably describes cheapskates, who likely balk at paying finance charges for carrying a balance.
Mr Trump's tweet came after Cohen pleaded guilty to campaign finance charges in a case that poses a direct threat to the president.
Trump's former campaign chairman was found guilty of tax fraud, which together with news that Trump's longtime lawyer pleaded guilty to illegal campaign finance charges and all but named Trump as the one who ordered him to it saw some haven demand and put some pressure on U.S.
* Finance charges among the consumer, real estate, and business lenders varied significantly in 2015, in large part reflecting differences in operating costs.
Finance charges dropped to Rs494 million from Rs570 million.
The Star Tribune reports the court order makes the affected students eligible for tuition reimbursement, including student loans, payments for books and other fees, and any interest or finance charges.
The amount owed on the purchases was $431,700 and the finance charges brought it up to more than $521,000.
The profit came against losses of PS1.7million a year earlier, when they were hit by a dip in trading around last year's general election and finance charges. These happened on top of PS3.7million of one-off costs from their stock market flotation in January 2015.
The profit came against losses of PS1.7m a year earlier, when it was hit by a dip in trading around last year's general election and finance charges. These happened on top of PS3.7m of one-off costs from its stock market flotation in January 2015.

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