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has anyone ever had to pay an advance fee to get a loan?

2006-08-08 16:01:47 · 3 answers · asked by sleepyincarolina 4 in Business & Finance Other - Business & Finance

3 answers

Are you talking about paying points or actually paying them cash to get a loan? I've never heard of any reputable financial institution requiring an up front payment, but many do require higher fees to hedge their risk (usually these are called points and are just a certain percentage of what you are borrowing; 1 point = 1%).

2006-08-10 11:27:54 · answer #1 · answered by Anonymous · 0 0

1

2016-09-28 10:35:35 · answer #2 · answered by ? 3 · 0 0

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RE :Personal loans?
has anyone ever had to pay an advance fee to get a loan?
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2016-10-15 08:09:44 · answer #3 · answered by Anonymous · 0 0

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