Settlement fee definition

Settlement fee means a charge imposed on or paid by an individual in connection with a creditor's assent to accept in full satisfaction of a debt an amount less than the principal amount of the debt.
Settlement fee means any fee, obligation, or
Settlement fee means a charge imposed on or paid by an individual in

Examples of Settlement fee in a sentence

  • Settlement fee We charge this fee when you repay your loan in full and the loan account is closed.


More Definitions of Settlement fee

Settlement fee means any fee, obligation, or compensation paid or to be paid by the
Settlement fee means any fee, obligation, or compensation paid or to be paid by the consumer to a debt-settlement provider in consideration of or in connection with a completed agreement or other arrangement on the part of a creditor to accept less than the principal amount of the debt as satisfaction of the creditor's claim against the consumer.
Settlement fee means a fee payable by the Participant to the Finance Authority to compensate the Finance Authority for its Settlement Costs in circumstances where there has been a Loan Reduction Payment.
Settlement fee means any fee, obligation, or compensation paid
Settlement fee means a charge imposed on or paid by an
Settlement fee means transaction charges for settlement of purchase and sale of securities payable to the Portfolio Manager by the Client as stipulated in schedule-I. Charges shall be based on each transaction volume. The portfolio manager shall have the right to change such rate from time to time at his discretion with or without giving prior notice to the client(s).
Settlement fee means a charge imposed on or