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Points
Definition: An informal term which encompasses any fees which are paid to a lender for a loan. Generally speaking the more “points” which one pays up front, the lower the interest rate on the loan.
Home >> Credipedia >> P >> Points
Definition: An informal term which encompasses any fees which are paid to a lender for a loan. Generally speaking the more “points” which one pays up front, the lower the interest rate on the loan.