Finance charge definition

Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

Finance charge means the total of all interest, loan fees, interest on any loan fees financed by the lending institution, and other charges related to the cost of obtaining credit.

Finance charge means for each Monthly Period an interest amount equal to the Finance Charge Percentage of the average daily Account Balance outstanding during such Monthly Period.

Examples of Finance charge in a sentence

Finance charge will be charged from the date a cash advance or a Specified Bill Payment (as appropriate) is made until the date of actual repayment.
PART 4 CONSUMER LOANS: MAXIMUM FINANCE CHARGES 537.2401 Finance charge for consumer loans not pursuant to open-end credit.
Lease payments are apportioned between: • a charge for the acquisition of the interest in the property, plant or equipment – applied to write down the lease liability, and • Finance charge (debited to the Financing and Investment Income and Expenditure line in the Comprehensive Income and Expenditure Statement).
Lease payments are apportioned between:  a charge for the acquisition of the interest in the property, plant or equipment – applied to write down the lease liability, and  Finance charge (debited to the Financing and Investment Income and Expenditure line in the Comprehensive Income and Expenditure Statement).
Cash Advances -The FINANCE CHARGE on Cash Advances is calculated in accordance with the following method: A Finance charge will be imposed on Cash Advances from the date made or from the first day in which the Cash Advance is posted to your account, whichever is later, and will continue to accrue on the average daily balance of such Cash Advances until the balance is paid in full.

Finance charge means the fee charged by the Firm to the Client for rolling a CFD Contract from one day to the next;

Finance charge in relation to any amount means interest on such amount at the rate of up to 25.9% per annum or such other rate as DBS may from time to time determine without notice, calculated on a daily basis, and subject to a minimum monthly interest of S$2.50 or such other sum as may be determined from time to time by DBS without notice.

Finance charge means the cost of consumer credit as a dollar amount. It includes any charge payable directly or indirectly by the consumer and imposed directly or indirectly by the creditor as an incident to or a condition of the extension of credit. It does not include any charge of a type payable in a comparable cash transaction.

Finance charge means “finance charge” as defined in section 537.1301, subsection 21.

Finance charge means all charges payable directly or indirectly by the consumer and imposed directly or indirectly by the creditor as an incident to or as a condition of the extension of credit. The finance charge shall be calculated as provided in rules and regulations adopted by the administrator pursuant to K.S.A. 16a-6-117, and amendments thereto.

Finance charge means that part of the time sale price by which it exceeds the aggregate of the cash sale price, the amount, if any, included for insurance and other benefits and official fees included in the retail installment sale;

Finance charge means the cost of financing as a dollar amount.