Sentences with phrase «high payments initially»

While this can provide relief from high payments initially, it will almost always end up costing the borrower more over the life of the loan.

Not exact matches

DiNapoli did not initially respond when the Times first reported over the weekend of a tenative agreement between legislative leaders and the governor that would essentially float a loan to the state and municipalities to reduce their pension contributions in exchange for higher payments in the future.

I was told that my interest rate / payment wouldn't be any higher than what I initially signed for, and that was obviously a lie.

Fixed interest rates, if available, may be slightly higher initially than variable rates, but fixed rates offer stable monthly payments over the life of the credit line.

Initially, the premiums paid on cash value insurance, such as whole life insurance rates, are higher than those associated with term insurance, given that term insurance payments are used just to pay for current insurance coverage and not to build up cash value in the policy.

If you do not pay the interest, your loan will capitalize until your payment is higher than it was initially.

The amount builds slowly, as initially a higher portion of the $ 9.70 payment goes towards interest.

The interest paid for each installment is higher initially and it reduces with each payment.

While that rate might be higher, at least initially, than a HELOC rate offered during the same time period, it is guaranteed to never go up as long as you make your payments on time.

The Platinum card was initially offered to by invitation to existing cardholders who had been American Express customers for at least two years who were high spenders with an excellent payment history.

The exchange announced yesterday that it had received a payment institution (PI) license to operate its services in the European Union and is initially seeking to attract professional, high - volume traders - a sector it sees as underserved in the EU.

The Yours Network Switches from Litecoin to Bitcoin Cash for Cheaper Micropayments — Initially launched with Bitcoin but transaction fees became too high to justify micro payments.

The interest rate on an ARM will often be lower initially, but as interest rates do fluctuate with the market, they can be somewhat unpredictable or even result in higher payments.