Advance fee definition

Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, secondary mortgage broker or originator required to be licensed or registered pursuant to sections 36a-510 to 36a-524, inclusive, as amended by this act, prior to the closing of a secondary mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees, or similar prepaid finance charges;
Advance fee means consideration of any type including a payment, fee, pay-per-call charge, or deposit, which is assessed or collected prior to the closing of a loan or the issuing of a credit card.
Advance fee means any fee or consideration requested or received by a Debt Relief Service Provider from a consumer for any Debt Relief Service, whether directly or indirectly, that occurs before;

Examples of Advance fee in a sentence

  • We will charge a Cash Advance fee based on the amount of each Cash Advance, as set forth in the Account-Opening Disclosures.

  • Any credit balance in your Credit Card Account will be immediately applied by us to payment of the associated Cash Advance fee and the Cash Advance respectively.

  • The Cash Advance fee will be reflected in the New Balance of your Account.

  • Any Overdraft Protection Advance will post and be disclosed as either a "Financial Institution Cash Advance" or an "Overdraft Protection Advance on your periodic statement, and will be subject to either a Financial Institution Cash Advance fee or an Overdraft Protection Advance fee, depending on how the Advance is processed.

  • If you make a Cash Advance we may debit a Cash Advance fee to your Credit Card Account.


More Definitions of Advance fee

Advance fee means an amount in United States funds equal to five percent (5%) of the gross amount of each Advance.
Advance fee means any fee charged for services to be paid in advance of the rendering of such services, including, without limitation, any fee charged for listing, advertising, or offering for sale or lease any real property.
Advance fee means any consideration paid or given, directly or indirectly, [to a mortgage lender, mortgage correspondent lender or mortgage broker required to be licensed pursuant to sections 36a-485 to 36a-498f, inclusive, and sections 36a-534a and 36a-534b,] by a consumer to a person for a residential mortgage loan prior to the closing of [a] such residential mortgage loan, [to any person,] including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;
Advance fee means any consideration paid or given, directly or indirectly, by a consumer to a person for a residential mortgage loan prior to the closing of such residential mortgage loan, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;
Advance fee means any consideration that is assessed
Advance fee means a fee claimed, charged or received for a listing, advertisement or offer to sell or lease real estate issued primarily for promoting the sale or lease of real estate;
Advance fee means any consideration which is assessed or collected, prior to the closing of a loan, by a loan broker.