Sentences with phrase «benefits than an unsecured card»

Not exact matches

In essence, we facilitate lending among our members, creating a situation where both parties benefit: Borrowers pay lower interest rate than they would on their credit cards or similar unsecure loans, while Lenders receive the interest the borrowers pay at higher rates than other investment opportunities of comparable risk (stated interest rates of 6.69 % -19.37 % after service charge) How many loans have you done (and for what amount)?

But you can still benefit from lower monthly payments if your credit cards or other unsecured debts carry higher interest rates than the loan and you've fallen into the trap of paying late and accruing late payment fees.