Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Definitions of Loan Jargon and other Personal Loans topics.
Loan origination fees are fees charged by the lender for processing the loan and are often expressed as a percentage of the loan amount.
These fees are used in the calculation of your APR%.
They are always negotiable, so don't be afraid to
ask for a lower fee.
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