Sentences with phrase «facing high interest payments»

You are likely to face higher interest payments, and access to smaller loans.

Not exact matches

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.

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.

By loaning money to a company with lower credit quality, investors face a higher risk of not receiving all of the promised interest and principal payments.

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.

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.

Rising interest rates can also lead to increased default rates, as holders of adjustable rate debt find themselves faced with higher payments.

It is one easy way to ensure you keep track of your finances without facing bankruptcy because of too many payments or too high an interest rate.

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 the 0 % interest period expires you may face higher payments than you expect and these accounts can quickly get out of control.

That's because GICs are always sold at face value, never at a premium, so you won't be hit with the one - two punch of high interest payments followed by capital losses.

Therefore, even if a homebuyer is planning on a FHA loan with 6 % in seller paid closing costs, should they encounter one of these properties with a lower purchase price, they could be facing the decision of choosing between a higher interest rate or a higher down payment.

If your credit card's minimum payment amount is so low that it doesn't even cover the interest, you can face the high - interest rate and end up paying off your debt for years.

Again, you could be facing high - interest payments if you can't pay off your balance by the due date.

A person who has defaulted student loans on their credit report may be required to pay higher interest rates, deposits, and payments — or they could face denial of services.

Partially inflating to do it, and borrowing to make interest payments would face a similar hurdle, because the borrowing would likely be at higher rates due to inflation.

Bonds selling above face value because their interest payments are higher than prevailing interest rates.

Let's face it, with today's tough economy and college tuition and college loan interest payments at an all time high, parents and young adults are seriously considering skipping the four year college for now and looking at post-secondary programs from private, and public schools.

Twenty - one percent are facing higher interest - rate payments.

They tend to be financially conservative for a host of reasons: Many saw parents and older counterparts reel from the recession and foreclosures; they face repaying their own huge student loans; they're interested in putting down a higher down payment than prior buyers have rather than qualifying for the biggest loan available.

Possibly millions of borrowers, many of them minority and low income, who took out subprime loans during the housing boom and are seeing the interest rate on their loans reset upward, face higher payments than they can afford.