Question

What is the difference between a service charge and a finance charge?

Answer 1

a. A service charge is a fee which must be paid every month, while a finance charge is a one-time fee assessed at the beginning or end of a loan period.
b. A service charge is a flat fee charged to a borrower, while a finance charge is a fee charged to a borrower based on the amount borrowed.
c. A service charge is a fee assessed by a lender, while a finance charge is a fee charged by a financial institution, such as a bank.
d. A service charge is a fee assessed by a lender other than interest, and a finance charge is the total of the interest paid on a loan and the service charge.

Answer 2

Omg this is math not history

Answer 3

that financeing which is math

Answer 4

but i can help

Answer 5

I think it is B

Answer 6

Flvs

Answer 7

FLVS???

Answer 8

what?

Answer 9

are u in florida virtual school

Answer 10

aka flvs

Answer 11

no im in atlanta virtual hell

Answer 12

I know it sucks right

Answer 13

yes

Answer 14

g2g my shool ends 11:25 unless teachers keep us longer thank god its so short talk to u later bye