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What term describes loaning money for a fee?
"Scam" If someone is loaning, they do not charge an upfront fee unless they are scamming you. Loans are paid back with interest, not an upfront fee.
What do you call the fee charged for borrowing money?
Interest.
Which services do banks offer?
Banks offer investment opportunities. They also offer a savings account where you can invest your money in the bank itself so they can use your money to give people money in the form of loans. They give you some money back in the form of savings interest.
How can one purchase home loans?
One could apply for home loans on a local bank or a money loaning company. There are also various online money loaning services that are useful for people who have a bad credit history.
What do banks with some of the profits they make by loaning out the money?
pay interest on savings accounts
What term describes loaning money for a fee?
"Scam" If someone is loaning, they do not charge an upfront fee unless they are scamming you. Loans are paid back with interest, not an upfront fee.
What best describes an activity of Dollar Diplomacy?
loaning money from foreign governments.
What do you call money paid to others for their services?
Fee
What do you call the fee charged for borrowing money?
Interest.
How do banks help expand the economy?
by loaning money
How does one find out about the loaning of government money?
One can find out about the loaning of government money from many different resources. Some examples of online resources include StudentAid and Nationwide.
Where can we get a copy of a cancelled money order?
You will find a number to call on the money order receipt that you kept to call and get a copy of a cancelled money order. There is usually a fee of $10 to get it.
A method of loaning money to the government to pay for war?
Liberty Bonds
What to activities would the national bank be responsible for?
making and loaning money
What to activities would the national bank responsible for?
making and loaning money
What activities would the National Bank be responsible for?
making and loaning money
Which services do banks offer?
Banks offer investment opportunities. They also offer a savings account where you can invest your money in the bank itself so they can use your money to give people money in the form of loans. They give you some money back in the form of savings interest.
