Sentences with phrase «face higher interest rates»

Take action to correct any errors or improve your credit history before you get a personal loan or apply for credit cards so you won't face higher interest rates.
A low credit score will mean that you will face higher interest rates, or be declined credit altogether.
You might have to face higher interest rates but this kind of loans will contribute to rebuild your credit and you will be able to get a better deal the next time.
While you may face higher interest rates and lower loan amounts, you have good chances of being approved for a loan.
However, there are also Christmas bad credit loans where you can get approval despite bad credit but you need to face higher interest rates.
However, if your equity is less than 20 percent, then you'll likely face higher interest rates and fees, plus you'll have to take out mortgage insurance.
Despite the fact that those with poor credit usually face higher interest rates and associated fees on bad credit loans, there is still a ceiling on how much a lender of any kind can charge you by using a points system.
On average, individuals with low credit scores have greater difficulty qualifying for loans, face higher interest rates, and are required to make higher down payments.
This means you'll probably have to face higher interest rates.
Refinancing is entirely dependent on the overall benefits to the borrower; it is not unknown for homeowners to refinance and face higher interest rates and monthly payments.
Despite having poor credit and facing a high interest rate, you do have a good chance of being approved for a bad credit loan.
It means that those seeking mortgage loans with bad credit are unlikely to secure deals that are affordable, facing higher interest rates and stricter repayment schedules.
Even if approved, you can expect to pay an annual fee and likely will face high interest rates if you carry a balance.
After the promotional period ends, you are likely to face another high interest rate on your balance, in which case a personal loan is probably the cheaper option.
Debt Resolution is a viable option for anyone that has accrued debt due to unforeseen circumstances, is facing higher interest rates making it difficult to make the monthly payments, or feels they are stuck in the debt cycle of paying high monthly payments every month but not making any real progress paying down their debts under the original terms.
When your mortgage term is up, you will probably face a higher interest rate at renewal, even if you have a fixed - rate mortgage.
You'll have to work to regain the trust of creditors and lenders, and you'll face high interest rates in the meantime.
And if an individual is allowed to open a new line of credit, they may face high interest rates and be only eligible for lines of credit that require high application fees and annual membership fees.
If your credit is poor, you might not be approved, and if you are, you'll face a higher interest rate than those with better credit.
Normally, an applicant who has bad credit scores faces higher interest rates.
Those applicants with a bad credit score may have to face a higher interest rate due to the higher risk involved in the transaction.
And, if you do qualify, it is likely that you'll face an high interest rate, which means you're paying a lot more money on your loans.

Not exact matches

At the same time, the fact the ECB is likely to gradually raise interest rates, it will mean that these peripheral nations could face higher debt financing when borrowing money from the markets.
In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growth.
High interest rates, of course, can compensate purchasers for the inflation risk they face with currency - based investments — and indeed, rates in the early 1980s did that job nicely.
Starting Oct. 17, all insured mortgages will have to undergo a stress test to determine whether a borrower could still make mortgage payments if faced with higher interest rates or less income.
The strong close to 2004 has resulted in higher stock valuations in the face of rising interest rates and slower earnings growth.
That difference results largely from three factors: compared with lower - income homeowners, those with higher incomes face higher marginal tax rates, typically pay more mortgage interest and property tax, and are more likely to itemize deductions on their tax returns.
The two largest funds in the segment — the $ 15 billion iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and the $ 9 billion SPDR Bloomberg Barclays High Yield Bond ETF (JNK)-- have faced sizable asset outflows as investors fret over high valuations and rising interest raHigh Yield Corporate Bond ETF (HYG) and the $ 9 billion SPDR Bloomberg Barclays High Yield Bond ETF (JNK)-- have faced sizable asset outflows as investors fret over high valuations and rising interest raHigh Yield Bond ETF (JNK)-- have faced sizable asset outflows as investors fret over high valuations and rising interest rahigh valuations and rising interest rates.
Just like a thorough vetting of cabinet nominees could have foreseen the scandals that later emerged, a thorough vetting and review process for the monster tax cut legislation would have cautioned against such radical moves in the face of massive maturing supply, a trimming Fed, and a debt - strapped consumer that is seeing higher interest rates on mortgages and credit cards as a result of the spike in rates.
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.
If interest rates decline, however, bond prices usually increase, which means an investor can sometimes sell a bond for more than face value, since other investors are willing to pay a premium for a bond with a higher interest payment.
This economic impact works in opposition to the interest rate risk they face: rising rates, which are bad for bonds generally, usually accompany a strong economy, which is good for high - yield bonds; falling rates, which are good for bonds overall, usually accompany a weak economy, which is bad for high - yield bonds.
When financing through personal credit cards, you also face the risk of high interest rates.
So you could end up with a higher interest rate on a private parent student loan than on a cosigned a loan, and you might face more limited options.
Adding to the dilemma facing the FOMC is that markets are signaling that short - term interest rates should be lower not higher.
The bull market has wobbled a bit in March, as investor unease has risen in the face of unsettling developments in Ukraine and concerns about the prospect of higher interest rates in the U.S. Still, the major market benchmarks managed to show modest gains for the six - week period end March 25th.
This is the dilemma facing new home builders as mortgage interest rates now sit near 4 - year highs.
This is partly because, when faced with the higher interest rate on investor loans, some borrowers have indicated to their bank that they are not an investor, but rather an owner - occupier, and so should not have to pay the higher rate.
Low interest rates don't help if companies face high risk and uncertainty.
Banks still face numerous headwinds, including high legal costs as regulators and investigators work through a backlog of industry activity and scrutinize everything from overseas hiring to potential manipulation of currency and interest - rate benchmarks.
In the near future, we may face higher inflation with century - low interest rates.
Not only do borrowers face a rising amount student debt, that debt often comes with higher - than - normal interest rates at a time when interest rates are very low.
«The risk is quite high that you're facing because you are dealing with depositors» funds but you don't know who they (borrowers) are, and you don't know where they live, so we (government) basically said you need to at least put these fundamentals in place before you can really expect a sustainable decline in interest rates that can be driven by proper risk assessment through credit rating agencies and so on.
«The poor performance of industry and the business sector in general, could also be attributed to other challenges they faced, including, but not limited to, lack of access to finance, high interest rates, an unstable exchange rate, high import duties on raw materials and machinery, poor facilitation of import and export trade, particularly at our ports, inadequate and poor quality of raw materials for industrial processing, a poorly developed domestic trade infrastructure, lack of effective collaboration between research institutions and industry, limited access to serviced land for industrial production activities and poor standards of regulation and certification.»
It is debatable whether the middle classes should have gained quite so much from these benefits, but they can hardly look to the Conservatives as their saviours as they face higher university fees, more taxes, rising interest rates, bigger utility bills, a stagnant property market and a general tightening of their spending power.
Finding a Solution to Student Debt Several Solutions to Student Loan Interest Rate Dilemma Faced with record - high tuition costs, undergraduate and graduate students seeking higher education opportunities were recently handed another blow — the doubling of student loan interesInterest Rate Dilemma Faced with record - high tuition costs, undergraduate and graduate students seeking higher education opportunities were recently handed another blow — the doubling of student loan interestinterest rates.
As CPS has faced surging pension costs and a plummeting credit rating — the district borrowed $ 725 million Wednesday at an extraordinarily high interest rate to stay afloat this year — Emanuel has sought budget relief from the state.
Moreover, if your credit situation is not that good, you may have to face even higher interest rates.
Someone with a good credit report will be offered the lowest interest rates on loans and credit cards, while people with bad credit reports will face high rates, if they're able to borrow at all.
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