Answer:
by Randy Carey:
If you are just going by what someone calls a fee by name, you are never going to find an accurate list. People call fees different things for different services. They only way to determine whether or not a fee is or is not a finance charge is to compare the actual service that the fee represents to the definitions found in 1026.4.
Answer:
by Richard Insley:
In addition to the nature of the service giving rise to each fee, the borrower (and not a third party) must be contractually liable for paying the fee. Even though you require a fee and it's normally a FC, if the borrower enters into a 3-party side agreement (borrower, lender, and 3rd party) that transfers responsibility for payment of the fee, it is no longer a FC...because the borrower is no longer required to pay it.
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