[Answered] A(n) ____________________ is a fee charged if you pay a loan off early. Fill in the blank(s) with ...

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Author Question: A(n) ____________________ is a fee charged if you pay a loan off early. Fill in the blank(s) with ... (Read 108 times)

LCritchfi

Hero Member
Posts: 519

on: Jun 24, 2018

A(n) ___________________ _ is a fee charged if you pay a loan off early.
Fill in the blank(s) with correct word

Question 2

When you borrow money from a bank or credit union and pay it back in monthly payments, that is referred to as a(n) ___________________ _.
Fill in the blank(s) with correct word

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mariahkathleeen

Sr. Member
Posts: 337

Reply #1 on: Jun 24, 2018

Answer to Question 1

prepayment penalty

Answer to Question 2

installment loan

LCritchfi

Member
Posts: 519

Reply 2 on: Jun 24, 2018

YES! Correct, THANKS for helping me on my review

parshano

Member
Posts: 333

Reply 3 on: Yesterday

Gracias!

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