Commitment fee and Deferred payment credit: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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A fee payable by a potential borrower to a potential lender, in consideration of the lender undertaking the legal commitment to advance the funds under the terms of the facility agreement.
''Credit - retail - consumer credit.''


Sometimes known as ''commitment commission''.
Deferred payment credit is a form of consumer credit in which goods are supplied on "buy-now-pay-later" terms.




== See also ==
== See also ==
* [[An introduction to loan finance]]
* [[Financial Conduct Authority]]
* [[Committed]]
* [[Prime]]
* [[Facility fee]]
* [[Retail]]
* [[Share of wallet]]
* [[Sub-prime lending]]
* [[Utilisation fee]]


[[Category:Long_term_funding]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 00:17, 18 August 2021

Credit - retail - consumer credit.

Deferred payment credit is a form of consumer credit in which goods are supplied on "buy-now-pay-later" terms.


See also