finance charge in a sentence
Example sentences for finance charge
The finance charge is the cost of consumer credit as a dollar amount.
It addresses new tolerances for accuracy in disclosing the amount of the finance charge and other affected cost disclosures.
The cost of the plan must be properly disclosed and be optional or the cost must be included in the finance charge.
Also, ask about additional fees such as credit checks and the finance charge, which is the total cost of the loan.
That's the rate the issuer applies to your outstanding balance to figure the finance charge for each billing period.
The amount of any finance charge debited or added to the account during the billing cycle, using the term finance charge.
The prepaid finance charge should only include that amount which the consumer actually paid at closing.