Sentences with phrase «generally higher interest rate loans»

Not exact matches

The interest rates are also generally higher than other lenders; that can be a problem if you're looking for a longer - term loan to give yourself more time.

Generally, if the extra payment is applied to the highest cost loan (e.g., the one with the highest interest rate) you will save the most money.

I find that a lower interest rate personal loan is generally the better route to take for those with higher credit card debts.

Policy loans generally have a much lower interest rate than bank loans and are devoid of high fees and closing costs.

Your rate is calculated based on a variety of factors, including credit qualifications, loan - to - value, line loan amount and other criteria, but generally may be higher than a conventional loan interest rates.

Generally, the higher your credit score, the lower your interest rate on a personal loan.

As such, loans with higher LTVs generally come with higher interest rates.

Borrowers with higher FICO scores are generally eligible to get bigger loans at lower interest rates.

Specialty financing products will generally carry higher interest rates than regular term loans and lines of credit.

Some lenders offer a zero point / zero fee loan which means that you do not have to pay most of the fees generally required, however, your monthly payments may be somewhat higher (lenders generally will charge a higher interest rate for this type of loan).

Credit unions generally offer higher interest rates for savings accounts and lower rates for loans, when compared to most banks.

VHA loans require a much smaller down payment (generally 3.5 %), but the interest rate will likely be higher.

All things being equal, a rising interest rate environment will generally result in higher interest payments for those holding senior bank loans while not significantly impacting loan prices.

While their interest rates can be high, they generally offer lower interest rates than payday loans.

Consumers with high credit scores, 760 or above, are considered to be prime loan applicants and can be approved for interest rates as low as 2 or 3 %, while those with lower scores are riskier investments for lenders and generally pay higher interest rates.

The average interest rates on auto loans for used cars are generally higher than for loans on new models.

As such, loans with higher LTVs generally come with higher interest rates.

Because of this, private student loans generally come with higher interest rates than federal student loans.

Since lenders bear the interest rate risk of a fixed rate loan (the risk of rates rising), interest rates are generally initially higher on a fixed rate loan than on a variable rate loan.

Generally speaking, a better credit history will result in a lower interest rate on the loan, whereas a credit history with past due payments, previous defaults, and collections will often lead to a higher interest rat, to offset the lender's increased risk in offering credit to a borrower with poor credit.

Interest rates charged by the Participating Lender are generally higher than a traditional loan for a similar amount issued by a bank or credit institution.

In comparison to variable interest rate loans, fixed interest rate loans will generally have a higher interest rate at the time of borrowing.

In order to receive such a deal, generally the interest rate is increased or bundled into the loan in the form of higher principal, which you will repay with interest over the life of the loan.

In fact, you're only adding extra interest charges to an existing obligation, since credit cards generally carry higher interest rates than student or auto loans.

Loans without security do generally incur a higher rate of interest than those secured against an asset.

The lower bound interest rates for Regions Bank unsecured personal loans are generally higher than those at other institutions — some lenders, such as SoFi and LightStream, have starting rates under 6 %.

This is why interest rates are generally higher for unsecured loans.

But the simple fact that you're using an FHA loan generally means you'll get a higher interest rate.

As a rule of thumb, applicants with better credit receive lower APRs on their personal loans, and loans with shorter payment periods generally get higher interest rates.

Fixed interest rate loans are generally more expensive because their rates are often higher than variable rate loans.

Generally, you can expect to pay a higher interest rate for no credit check loans and choose from a repayment period of two weeks to three months.

Generally speaking, with home loans, people with higher credit scores can tap into lower interest rates.

If you don't envision a lot of instances where you'd need to regularly access a physical bank branch away from home, a smaller community bank, like Dime Community Bank, or a credit union could be a great choice, since they generally come with higher interest rates on accounts and lower rates on loans and lines of credit.

By the way keep it in mind HELOC loans are generally higher in interest rate.

The lending criteria for finance generally isn't as strict as for a personal loan, but interest rates are often higher and there are certain conditions attached to the agreement.

Shorter mortgages generally come with higher payments, but they also have lower interest rates & cost far less in interest due to the loan having a much shorter duration.

Hard money lenders do take on more risk with their loans, and because of this heightened risk, interest rates are generally higher than conventional loans.

Because of the risk that comes with granting a loan to such borrowers, these loans generally come with high interest rates.

Private student loans generally have higher interest rates and less flexible repayment options than federal loans.

Private companies who offer «alternate» loans generally have higher interest rates and larger penalties.

Shorter terms generally result in higher monthly payments, even when the interest rate is reduced, but will result in less interest paid over the life of the loan.

Generally, the interest rate on an unsecured loan will be higher than a secured loan because there is greater risk involved (no collateral associated with the loan).

Interest rates for these loans are generally high — with amounts that translate to annual percentage rates of 390 percent or higher, according to the Federal Trade Commission — reflecting both the presumed desperation of the borrower and the lender's risk that repayment won't be made on time.

Generally the 203k loan interest rates run about.25 % higher than a normal FHA loan.

If nothing else, the interest rates on credit cards and car loans are generally much higher than those on mortgages, so paying them first could be saving the most money.

Another problem is the private student - loan market, which generally charges students higher interest rates than the federal student - loan program and offers students fewer protections like economic hardship deferments.

Issuers with higher credit ratings generally pay less interest than issuers with lower credit ratings as they have a lower risk of defaulting on their loans.

This rate is generally higher than the rate stated on your mortgage note because, in addition to the interest rate, the APR includes other costs, such as origination fee, loan discount points, pre-paid interest, and mortgage insurance.

Individual borrowers who expect to prepay their loans early should generally favor a combination of lower principal balance and higher interest rate (which stops accruing after prepayment), rather than a below - market interest rate and higher principal balance (which much be paid in full, regardless of prepayment).

If you have bad credit — generally defined as a credit score in the 500's — it may possible to qualify for an auto loan, but the interest rate could be as high as 25 %.