Sentences with «interest rate charged on the loan»
As such, improper use of credit cards can result in lower credit ratings, which can eventually translate into either inability to obtain additional credit or higher interest rates charged on loans. (investopedia.com)
President of the Senate, Bukola Saraki, has criticised commercial banks for the high interest rates they charge on loan facilities to Small and Medium Scale Enterprises. (punchng.com)
As a further stimulus step, the European Central Bank also said on Thursday that it was cutting the interest rate it charges on loans to commercial banks, as long as the banks commit to lending that money to companies or individuals. (nytimes.com)