Posts Tagged ‘Opening Commission’
Loan Commissions
There are a variety of loans or consumer loans, which generate a variety of ways Commissions, which should be taken into account when processing a loan. The amount of these fees and charges differ from bank to bank, some financial institutions offer a flat fee or a percentage of credit granted.
The best-known commissions are:
• Opening Commission: This commission is paid at the time of the operation of the loan, a percentage of a percentage on the amount of loan. It includes the calculation of the CAT. Read the rest of this entry »