Prepayment Penalty

Prepayment Penalty - Politics, Business, Civil, History - Posted: 9th Jun, 2013 - 7:03pm

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Posts: 3 - Views: 578
Post Date: 15th Jan, 2010 - 6:08pm / Post ID: #

Prepayment Penalty

Prepayment penalty

In Real Estate terminology how do you define what "Prepayment penalty" mean exactly?

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22nd Jan, 2010 - 1:26pm / Post ID: #

Penalty Prepayment

Even though you may think is crazy there is a penalty if you pay off your loan before it's due, that's what is called prepayment penalty.


International Level: Politics 101 / Political Participation: 0 ActivistPoliticianPolitics 101 0%


9th Jun, 2013 - 7:03pm / Post ID: #

Prepayment Penalty History & Civil Business Politics

Its not crazy from a money making standpoint. The longer you have a loan the more interest you pay and therefore more money for the bank to make. If you pay it off too quickly then you're essentially taking away money they could be making off your head!


International Level: Senior Politician / Political Participation: 168 ActivistPoliticianSenior Politician 16.8%




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