Arrangement fee
Cards & borrowingA fee charged by a lender for setting up a mortgage or loan.
Overview
Arrangement fees are common on mortgages and some loans.
They can be paid upfront or added to the loan.
Why it matters
- It increases the total cost of borrowing.
- Adding it to the loan can increase interest.
- It helps compare deals fairly.
FAQs
Is an arrangement fee refundable?
It depends on the lender and the product terms.
Can I avoid arrangement fees?
Some products have no fee, but the interest rate may be higher.
Related terms
Explore further
Take control of your credit health
Get the complete credit toolkit with all features included.
Start building creditInstant setup. No credit check to join. 14-day money-back guarantee.