Meaning Deferred establishment fee
What does Deferred establishment fee mean? Here you find 2 meanings of the word Deferred establishment fee. You can also add a definition of Deferred establishment fee yourself
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Deferred establishment feeA fee charged by a lender when a loan is paid off before a set period has elapsed e.g. 3 years. Also known as an exit fee. It’s to cover the costs the lender incurred in setting up the loan.
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Deferred establishment feeA fee charged by a lender when a loan is paid off before a set period has elapsed e.g. 3 years. Also known as an exit fee. It's to cover the costs the lender incurred in setting up the loan.
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