Sentences with phrase «digit interest rates»

After all, credit cards come with double digit interest rates, while student loans typically do not.

Compared to the double - digit interest rates on credit cards, personal loans with low interest rates remain a strong option for borrowers.

And then the credibility that central banks have worked so hard to build since the double - digit interest rates of the 1980s would unravel.

Private student loans can be reasonably priced, but they will generally come with a double - digit interest rates for new - to - credit borrowers.

Any loan that charges triple - digit interest rates costing far more than the actual principal borrowed is predatory and could not be construed to be somehow helping anyone.

These small emergency loans come with a three - digit interest rate against a very nominal amount determined by the lender to be paid in 30 days.

If your credit is not excellent, you'll likely find you will only be eligible for a personal loan with double digit interest rates, making a personal loan a poor choice.

When you're paying double - digit interest rates on a significant chunk of borrowed money, getting ahead financially is very challenging.

When this real estate downturn began, I recall many colleagues talking about how it was nothing compared with the double - digit interest rates of the 1980s.

Western Sky Financial was a prominent online lender that offered short - term loans at triple digits interest rates.

Under the loan arrangement, a maximum of US$ 50 million can be on - lent to any single borrower at single digit interest rate for a tenor of between seven and 12 years, with a moratorium of two to three - and - a-half years — depending on project's cash flow.

Savings accounts used to be a pretty good place to stash your money; a few decades ago, it was not unusual to see double - digit interest rates offered on simple...

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.

But that relationship has been tested over the life of this bond bull market that saw double digit interest rates fall over the past 30 + years, boosting the performance of long - term bonds.

Just imagine refinancing your relatively small and expensive short - term loan with a bigger, more affordable medium - term loan... And then refinancing that into a long - term, single - digit interest rate SBA loan.

For example, payday lending is illegal in Texas, but the state has the highest number of rent - a-bank shops in the country, collecting fees in excess of the triple - digit interest rate limit set by state law.

Giving up a mid-single digit return on your RRSP to avoid a mid-single digit interest rate on your mortgage is almost a wash — but if you only have 50 cents on the dollar left over from an RRSP withdrawal, it's a less appetizing proposition.

Worse, if you still have a balance after the low - interest period ends and the double - digit interest rates return, you'll find yourself further behind the eight ball on debt again.

No double - digit interest rates here.

Compounding daily, the double - digit interest rates charged by credit cards can turn even the smallest purchase into a costly expense.

With both easily costing tens of thousands of dollars to complete, HELOCs offer financing that doesn't incur the double - digit interest rates of credit cards.

-- Payday lending on the Internet, charging undisclosed triple - digit interest rates for short - term loans, with renewals built - in.

According to Kim Chapman and Carter Dougherty at Bloomberg, as well as other news outlets, Director Richard Cordray has announced his intention to move forward with regulations aimed at lenders that make small loans like payday loans, title loans, and installment loans with triple digit interest rates.

The governor added that the apex bank would continue to provide single digit interest rate to key sectors of the economy under its developmental programme.

Savings accounts used to be a pretty good place to stash your money; a few decades ago, it was not unusual to see double - digit interest rates offered on simple savings accounts.

Think back to the 1980's with double digit interest rates.

Heh glad to hear you are wary of ARM's They have their place, especially back during times of double - digit interest rates on mortgages, if used VERY carefully.

In a time of double - digit interest rates, you could use the proceeds of the cabin and condo sales to install the high - speed, detachable lifts and snow - making machines that were just coming out at the time, without borrowing too much money.

You want a transparent lender that offers single - digit interest rates, long terms (ideally as long as 10 years), stellar customer service, and verified online security.

Credit cards typically have double - digit interest rates, even for consumers with excellent credit, so being a revolver can be expensive.

Consumers who use online payday lenders may be taken advantage of twice: first, by the lenders» triple - digit interest rates that flout state caps, then with fees tacked on by the borrowers» own banks.

Both types of short - term loans carry triple - digit interest rates.

Are they a quick stopgap, or are they a pricey band - aid solution to chronic financial problems that compound the problem they purport to solve by charging what amounts to triple - digit interest rates?

The»80s saw mostly double - digit interest rates, and it wasn't until the 2000s we saw rates down under 6 percent.

In all, Californians in 2016 — the most recent year for which state data are available — borrowed $ 1.1 billion at triple - digit interest rates.

Payday loans are a clear exploitation of working people who face double - or triple - digit interest rates for short - term loans.

You should be offered a single - digit interest rate and a fixed payoff period if you're approved for a loan.

Outstanding debt on credit cards — which usually charge high, double - digit interest rates — is about $ 1 trillion.

Lenders may impose double - digit interest rates and steep penalty fees to mitigate the lending risk they're taking with you — so steep, in fact, that it can make paying back the loan a difficult mountain to climb, especially if you borrowed up to $ 50,000, the maximum most personal loans come available.

You may still have to pay double - digit interest rates at the start of a loan, depending on your credit score, but two or three years down the road, you can look for an opportunity to refinance the loan when your credit score has improved.

You went from multiple interest rates in the double digits to one interest rate on one loan with a much lower single - digit interest rate.

Customers prefer small personal loans instead of borrowing at a high double - digit interest rate;

Instead of paying double - digit interest rates, homeowners can expect an interest rate in the single digits.

Some personal loan companies offer single - digit interest rates, but they're reserved for people with excellent credit.

Mariner Finance personal loans are designed for people with bad credit but don't charge triple - digit interest rates.

Granted, given the low level of today's savings account rates, you won't earn much on that money by saving up in advance, but you will save a lot by not paying double - digit interest rates on a credit card balance after the holiday.

The Consumer Financial Protection Bureau has proposed new rules aimed at putting more responsibility on payday loan lenders and their crippling triple - digit interest rates.