What is the difference between a service charge and a finance charge?
a.
a service charge is a fee which must be paid every month, while a finance charge is a one-time fee assessed at the beginning or end of a loan period.
b.
a service charge is a flat fee charged to a borrower, while a finance charge is a fee charged to a borrower based on the amount borrowed.
c.
a service charge is a fee assessed by a lender, while a finance charge is a fee charged by a financial institution, such as a bank.
d.
a service charge is a fee assessed by a lender other than interest, and a finance charge is the total of the interest paid on a loan and the service charge.
((i have the answer but i want to make sure it is completely accurate))