Sentences with phrase «because of the interest it pays»

Not exact matches

This is one of the most absurd ways to pay an adviser, because it simply doesn't make sense, it's costly, and can create conflicts of interest.

Canadians were better savers in the 1980s in large part because it paid off: double - digit interest rates meant double - digit rates of return on GICs and savings accounts.

The retirement planner's # 1 interest, because of the way they get paid, is to get your assets under management and keep them there.

Some of that cushion is needed to pay interest to bondholders, however, because customers on installment plans don't pay anything extra beyond the price of a phone.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

Execs have little incentive to act in the best interests of their companies because of the way they are paid, creating an ugly economic chain reaction.

Europe's second - highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($ 15.3 billion) because it failed to prove a direct interest in the outcome of the case.

«Because Wall Street banks colluded with the Congress to foster a system of usury, Millennials will be working the rest of their lives so they can pay back the interest on their student loans.»

It doesn't matter if the APR is 11 % or 15 % because by paying off the entire balance, card companies will not charge interest and therefore nullifies the relevance of the APR..

Borrowers pay more over the life of the loan repayment because of interest accrual in the years when payments are lower.

But paying just the minimum means you'll actually pay more money to your issuer in the long run because of interest.

Definition: Money market accounts pay competitive interest rates (higher than savings accounts) in exchange for the use of your money.Advice: Money market accounts pay higher interest rates because they usually demand that you keep a higher balance.

Because the stock of reserves is so high, central banks pay «interest on reserves» (IOR) to influence market interest rates.

Because the interest and other fees charged on any outstanding balance are greater than the cash value of the Rewards Points, you may pay more in fees and interest than the value of the Rewards Points you earn if you do not pay your bill in full each month.

As a general rule, a short - term loan will have a higher periodic payment, but a lower total interest cost of the loan when compared to a longer - term loan — even if that loan includes a lower interest rate, because the business is paying interest over a longer period of time.

«It's very important that students know the interest rate on their student loans, because the interest rate will ultimately determine how much interest they're going to be paying dollarwise over the life of that loan,» said Clint Haynes, certified financial planner and founder of NextGen Wealth.

Because your return on investment outpaces your student loan interest charges, it could make more sense to invest than pay off your debt ahead of schedule.

Because the repayment term is longer, interest has more time to add up and you can end up paying thousands more over the duration of your loan.

This is because you might have a balance that rolls over to the end of the offer period and you will have to start paying interest for it.

Advice: Because bonds with longer maturity face greater risk of changing interest rates (and greater default risk, as well), they typically pay higher interest rates.

However, because you're stretching your repayment period over two decades or more, you'll likely pay more in interest over the life of your loan.

Many borrowers entering plans requiring monthly payments of only a percentage of their discretionary income could afford to pay a greater amount but chose not to because they don't understand just how much more in interest they pay.

This was interesting because I was currently spending an average of about $ 300 a month on gasoline in my current car... which would equate to my lease payment being half as much as I was previously paying for gas.

But because they will make an average of 59 fewer payments — and pay down their loan at a lower interest rate — those borrowers will save an average of nearly $ 19,000 in the long run.

Because you are paying a higher interest rate for twice the number of years.

That's because the 30 - year option came with a higher interest rate from day one, and the homeowner paid that higher rate over a longer period of time.

This will increase the total cost of your loans over time, because you will then pay interest on the increased loan principal balance.

If you currently have a student loan with a very low fixed interest rate, it makes more economic sense to pay only the minimum payments because of the low fixes rate and because of inflation.

Not that much higher because they're still secured by a home (the home as collateral), the interest rates people typically pay on them are lower than those of nearly any other sort of borrowing.

Why it matters: This is an important topic for anyone considering an adjustable mortgage product, because it affects the monthly payments as well as the total amount of interest paid over time.

So, if you're interested in collecting things and continuing to keep your home lovely at the same time, try turning the collections into passive income by selling some of the things you find (especially the ones that are being sold under their value, and you would know, because you are paying attention).

If you die, but not because of an accident (e.g. cancer), within the first two years, the death benefit will not be paid out, however, all your paid premiums plus a little interest will be paid to your beneficiaries.

Other countries are also interesting but I need to be mindful, because for every new stock exchange I pay a fee of 2,50 per year extra.

If you manage to pay off a 30 - year fixed rate mortgage in only 15 years, you come out ahead financially because you've reduced the amount of interest paid on the loan.

Bond funds are subject to interest rate risk, which is the chance bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to make such payments will cause the price of that bond to decline.

For some it is just the thought of taking on debt, while others they would rather pay cash because they are averse to paying interest.

First, because the principal is paid down in the case of principal - and - interest loans, those loans are likely to be less risky for the banks; other things equal, you would expect them to attract a lower interest rate.

Because of one missed credit card payment of $ 15, for instance, the consumer might receive a higher mortgage rate and pay thousands more in interest over the life of a home loan.

One of the reasons why a lot of folks are getting too attracted to bonds these days is because they pay higher interest rates than the regular bank deposits.

Debt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest rates.

There is no unique way of calculating a real interest rate because different borrowers pay different real costs of borrowing, depending on the term and degree of risk of the loan.

However, in most cases the amortization period changes because different borrowing terms, interest rates and payments against the principal amount at each renewal vary the length of time required to pay off the mortgage.

So in the example above, each year you would earn $ 100 in interest because the amount of interest you are paid always is calculated off of the amount you originally deposited and NOT the total value of your account.

As Durham puts it, because UL policies are paying very low interest rates, some companies found that their UL policies did not earn enough credited interest to cover the expenses of the contracts.

The Board recommends a vote AGAINST a stockholder proposal seeking to have us adopt a policy requiring that senior executives retain a significant percentage of stock acquired through equity pay programs until reaching retirement age because our existing stock ownership guidelines and other compensation policies already effectively facilitate significant stock ownership by our executives, and establishing holding requirements based on a particular retirement age would not be in the best interests of our stockholders.

Although disliking Jews go further back, such as their exile, one of the reasons is that the Pope made a rule that Christians can't loan money (but accepting a loan is ok) so Jews end up taking the job and so long as things are going well, people probably like jews because they received money (though they probably didn't like paying them back with interest).

And then there is the securities portfolio of $ 1,149,239 where he / Wallbuilder pays no tax on interest, dividends or capital gains because Wallbuiders is a «non-profit».

A loan provides only part of the money that is needed to pay it back, because in addition to the principle, the borrower must pay interest.

Advantage: - easy to get the money quickly and tuhwoit having to qualifyDisadvantage (s): - horrific interest rate that starts the second that you get the money - misleading minimum monthly payments that lull you into a false sense of not having to pay off the loan in its entirety - having to eat tinned beans for the rest of your life because you are paying 30 % interest on a simple loan.Never, ever, ever take out a cash advance on your credit card.

Mainline groups have been critical of this advantage taken by the paid - time broadcasters because it has frustrated their efforts to encourage stations to act responsibly in the public interest.