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Loanfactz Definitions
Glossary of Legal Terms, Loan Terms and Home Construction, Repair and Maintenance Definitions. Some words have more than one meaning. Only those meanings relating to this site will be used.
All of T
Transaction Fee
Transaction Fees and Other Charges - A fee which may be charged each time you draw on your credit line, or a fee if you don't make a payment on time. Credit card fees include those for cash advances and going beyond your credit limit. Some credit cards charge a flat fee every month, whether you use your card or not.
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