Sentences with phrase «at a higher rate of interest»

However, there is no getting away for the fact that loans for people with bad credit will come at a higher rate of interest, even from online lenders.
Would you even consider a credit card at that high rate of interest?
If you are paying down your loans at a high rate of interest (like most recent grads), it makes sense to refinance them into a loan with a lower rate.
The bank uses your money to make loans to others at a higher rate of interest.
The reason for availing a balance transfer is to close off debt that is currently at a high rate of interest and switching to one with a lower rate.
That access to capital — even at high rates of interest — is credited with helping women either start or expand a microenterprise and, by extension, more sustainably provide for their families.
Cash advances are currently billed at a higher rate of interest of 23.45 %, variable.
It is often given at the higher rate of interest, but we negotiate to lower the rate of interest so that you can make repayment conveniently.
Lock in a lump sum contribution at a higher rate of interest with an IRA Certificate of Deposit.
If you have run up other debts at high rates of interest, a personal loan can be a good way to manage your borrowings and bring down the cost.
The problem that the agents and title companies faced was that with the due - on - sale clauses, borrowers would have to pay off the balance of their low interest mortgages when they sold the property, and the new buyer would have to obtain financing at a higher rate of interest.
When you are in debt, and especially when it comes at a high rate of interest — say, anything greater than 5 % — then compound interest is your enemy.
«Just like in your household finances you might be tempted to pay off a student loan just so you can say that you paid it off, but it doesn't make sense to pay off a student loan at a low rate of interest and then the next week find that you put something on a credit card at a high rate of interest,» said Dyster.
Instead of producing rebates for the borrowers, lenders were receiving significant windfalls, particularly when borrowers wanted to redeem long - term loans at higher rates of interest.
I would have preferred the Treasury to follow Bagehot's Rule (lend freely but at a high rate of interest) as opposed to the «favorable» terms that were offered.
Even, if you are able to obtain any private loan, it will be at a high rate of interest.
However, some lenders may be prepared to lend funds to those with lower credit score but at a higher rate of interest.
A golden rule of repaying debt is to always put as much cash as you can towards repaying the debts which are at the highest rate of interest.
Alternatively, they may offer you highly reduced credit lines, at high rates of interest.
Canadian Tire has a solid product, but at a high rate of interest.
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