Not exact matches
If you pay late, you risk
hefty penalty fees (and increased
interest rates).
It is always a good idea to make your payments on time each month, not only to avoid these high
interest rates, but also to avoid
hefty penalty fees.
Caution: Misusing the system carries
hefty penalties and
interest charges.
Private life insurance companies also know that if the case goes against them they will have to pay not just the claim amount but a
hefty penalty amount and
interest.
At the very least, the original lender has the right to increase the
interest - rate and probably charge a
hefty assumption
penalty to Mr. Byers, and possibly a pre-payment
penalty to Mr. Sellers.
The low
interest rates have helped boost the refinancing market to some degree, although that wave is tempered somewhat by the fact that in order to get out of their existing loans early, borrowers must incur
hefty pre-payment
penalties.