Sentences with phrase «loan repayment periods vary»

Not exact matches

Loan consolidation companies have varying rates, and along with these rates, you must also consider the repayment period and borrower protection.

Consolidation means combining student loans as one big loan so that you don't have to keep track of several ones with varying interest rates and repayment duration periods.

Where a traditional loan (think of a car loan) has a fixed payment and a fixed repayment period (often 5 to 7 years), the repayment of a credit card has a varied payment and fluctuating repayment period.

Because these rates do not change, we see no need to adopt a rule that would cap interest rates for calculation of loan debt at a rate that would vary during the first five years of the repayment period.

Students need to understand how the different types of education loans vary, in terms of interest and repayment periods, and how they all will require repayment — often over many years.

Home loans in 2017 are available with less than 5 % annual interest and come with a variety of terms including adjustable and fixed rates with varying repayment periods.