Advance fee definition

Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, secondary mortgage broker or originator required to be licensed or registered pursuant to sections 36a-510 to 36a-524, inclusive, as amended by this act, prior to the closing of a secondary mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees, or similar prepaid finance charges;
Advance fee means consideration of any type including a payment, fee, pay-per-call charge, or deposit, which is assessed or collected prior to the closing of a loan or the issuing of a credit card.
Advance fee means any fee or consideration requested or received by a Debt Relief Service Provider from a consumer for any Debt Relief Service, whether directly or indirectly, that occurs before;

Examples of Advance fee in a sentence

  • In addition, the Card Member shall also be liable to pay a Cash Advance fee per transaction as per SOBC obtained from the Bank or other participating banks or financial institutions or ATMs, which accept the Card.

  • Program Fees & Charges Account Fees Transaction Fee for Cash Advance Transaction Fee for Cash Equivalent AdvancesA fee equal to 4% of each Cash Advance will apply to each Cash Advance Transaction, subject to a minimum Cash Advance fee of $10 and a maximum Cash Advance fee of $100.

  • A fee equal to 4% of each Cash Equivalent Advance will apply to each Cash Equivalent Advance Transaction subject to a minimum Cash Equivalent Advance fee of $10 and a maximum Cash Equivalent Advance fee of $100.Annual Account FeeNoneLate Fee$39Over-limit Transaction FeeNoneForeign Transaction FeeA fee equal to 3% of each foreign transaction will be assessed on all transactions with merchants in a foreign country.

  • Advance fee fraud (419) has brought disrepute to Nigeria all over the world.


More Definitions of Advance fee

Advance fee means any fee charged for services to be paid in advance of the rendering of such services, including, without limitation, any fee charged for listing, advertising, or offering for sale or lease any real property.
Advance fee means an amount in United States funds equal to five percent (5%) of the gross amount of each Advance.
Advance fee means any consideration paid or given, directly or indirectly, [to a mortgage lender, mortgage correspondent lender or mortgage broker required to be licensed pursuant to sections 36a-485 to 36a-498f, inclusive, and sections 36a-534a and 36a-534b,] by a consumer to a person for a residential mortgage loan prior to the closing of [a] such residential mortgage loan, [to any person,] including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;
Advance fee means any consideration paid or given, directly or indirectly, by a consumer to a person for a residential mortgage loan prior to the closing of such residential mortgage loan, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;
Advance fee means a fee claimed, charged or received for a listing, advertisement or offer to sell or lease real estate issued primarily for promoting the sale or lease of real estate;
Advance fee means any consideration that is assessed
Advance fee means any consideration which is assessed or collected, prior to the closing of a loan, by a loan broker.