Phrases with «closure fee»

A closure fee refers to a charge or payment made when closing an account or terminating a contract or agreement. It is a fee collected by a company or organization to cover administrative costs and the process of ending a relationship or contract. Full definition

Sentences with «closure fee»

There may be an early closure fee of $ 500 for home equity lines closed within the first two years of origination. (starone.org)
An early closure fee of 1 % of the original loan amount applies if the account is closed within 1 year, with a $ 50 minimum and $ 100 maximum. (usbank.com)
Most early closure fees I've seen are assessed 90 - 180 days after account opening. (thebrokeprofessional.com)
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Phrases with «closure fee»

Sentences with «closure fee»

See also