Not exact matches
Interest
rates for these loans are generally
high — with amounts that translate to annual percentage
rates of 390 percent or
higher, according to the Federal Trade
Commission — reflecting both the presumed desperation of the borrower and the lender's risk that repayment won't be
made on time.
However, lenders
make bigger profits on subprime loans, interest
rates are
higher on subprime loans, subprime loans with
high rates have been commanding
higher prices in the secondary market and borrowers are dependent on loan officers to help them
make financing choices — loan officers who get bigger
commissions by marketing subprime loans.
; staff work remotely and are empowered through
high commission rates to win and do client work; we have slashed our overheads to
make the firm more profitable.
Although monthly debit ordinary life insurance may seem affordable on the short - term, the
higher lapse
rates, smaller amounts, fees, and
higher commissions make it an expensive option for most people.
As a general rule the combination of smaller amounts,
higher lapse
rates and
higher commissions and fees on debit insurance tends to
make it more expensive than comparable regular life insurance plans.
I
made more than 3,100 listing presentations in the 1990s at a
higher commission rate and here's what happened: 8 percent signed the
higher commission rate and longer listing without a quibble; 7 percent OKed one or the other; and another 9 percent signed one or both after a wonderful discussion about my «perceived» superiority in technology, systems, marketing, customer service, team concepts, follow - up, and consistency.