Usually a monthly fee levied by the Lender to cover cost of administering & maintaining the loan account i. E. Fixed and variable costs such as staff, IT software / hardware.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). service fee. Retrieved September 22, 2026, from http://smartdefine.org/service_fee/definitions/1163339 |
| Chicago | Barry Goldsmith. 2010. "service fee" http://smartdefine.org/service_fee/definitions/1163339 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, service fee, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/service_fee/definitions/1163339>. |
| MLA | Barry Goldsmith. "service fee" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/service_fee/definitions/1163339> |