Sentences with phrase «daily interest charge»

The checking account is swept on a daily basis and applied to the HELOC's outstanding balance, reducing its average daily interest charges.

At the time of loan disbursement, borrower (s) may be required to pay daily interest charges.

Cash advances made in the billing period will not be assessed the daily Interest Charge until after the first of the following month.»

This is sometimes known as a «10 - day payoff letter» which means that the amount they say you owe is valid for 10 days from the date the letter was written; however, keep in mind that during those 10 days, daily interest charges may continue until you pay it off completely.

Why leave money sitting in a checking account that does nothing for me when it can be reducing my daily interest charges.

With a daily interest charge, there is no rationale for a late charge on a SIM, but lenders impose one anyway — because they can.