Sentences with phrase «higher than the interest»

1 Interest rates for Fixed and Deferred Repayment Options are higher than interest rates for the Interest Repayment Option.
What really happens is if the inflation rate is higher than interest rates, then prices will go up.
Sallie Mae — Interest rates for Fixed and Deferred Repayment Options are higher than interest rates for the Interest Repayment Option.
The APR is almost always higher than the interest rate.
Only when you can get a risk free return that is higher than the interest rate of your debt should you consider investing instead of paying of your debt.
Since the principal is much higher than the interest rate profits, this means that such loans lose money.
But please be aware that after the initial low interest rate offer ends on your new card, it can climb back to a higher percentage — and in fact may be even higher than the interest rates on the other credit cards you have.
It will generally be higher than your interest rate as it accounts for both your interest charges and your prepaid finance charges.
Sallie Mae — Interest rates for Fixed and Deferred Repayment Options are higher than interest rates for the Interest Repayment Option.
Again, interest rates are usually a bit higher than the interest rates you'll encounter from traditional lenders when you go with an installment loan.
If the default rate on your new credit card is higher than the interest rate you were paying on your old one, a balance transfer may not be a wise financial decision.
No card company will offer you rewards higher than the interest rate.
It has to be higher than the interest you're paying on the mortgage or you won't make any money.
I suggest people pay down all debt before investing because I just don't see people making average returns higher than the interest rates on the debt.
Although personal loans have a high percentage of interest, these are usually never higher than the interest rate on a credit card, which means you can probably keep up with the payments on a monthly basis.
Because these costs are rolled in, the APR is usually higher than your interest rate.
The interest rate charged for bad credit mortgages is usually higher than the interest charged on normal loans.
The interest rate that is applicable to cash advance is higher than the interest rates that apply to regular purchases.
Your APR will be higher than your interest rate because it reflects the total compensation you will pay on an annual basis to the financial institutions that helped you get your loan.
To make things even worse, cash advance interest rates are often much higher than the interest rate charged on purchases.
APR calculations also differ between lenders, some may include different fees for different loan types, causing them to be higher than your interest rate.
My top goal is to avoid bank fees by maintaining the minimum balance — bank fees are much higher than any interest I could earn on cash.
Remember, just because your APR is higher than the interest rate quoted to you does not indicate that your lender has changed the loan terms it is offering you.
If Prepaid Finance Charges, the APR is often higher than the Interest Rate.
For that reason, your APR is usually higher than your interest rate.
«If a company's internal rate of return is higher than the interest they pay on their bonds, it's smart for them to issue more debt,» McMahon explained.
Right now, I would caution that interest rates on CDs are only nominally higher than interest rates on savings accounts for long duration accounts.
The return will be small, but it may be higher than the interest that savings accounts offer.
I bet the MER's / fees on some of the funds above are higher than the interest they distribute.
The Orange Savings Account is considered one of the best high interest savings accounts out there with a current interest rate of.90 % APY — still low but relatively higher than the interest offered in many larger banks.
Because APR is calculated on a yearly basis, it will be higher than the interest rate for loans with frequent payments, short terms, or compounding interest.
For that reason, the APR is usually higher than the interest rate on fixed rate transactions.
The principal payments will be considerably higher than the interest payments.
A measure of the cost to you for borrowing money, the APR includes your interest rate, points, fees and other charges associated with your loan — that's why it's usually higher than your interest rate.
Obviously, your payment will need to be higher than the interest charged on your debt each month.
And a low promotional rate doesn't last forever — it goes up after a certain amount of time, and could go as high or higher than the interest rate you had.
But make sure you do pay off the full amount every month, as the interest rates on these cards are usually higher than the interest on cards without interest free periods.
Look for a cap rate significantly higher than the interest rate on the mortgage, and higher than the returns on safer investments.
The APY is normally higher than the Interest Rate because it assumes that all compounded interest credited to an interest bearing account will remain on deposit in that account.
Where it makes sense to invest before paying off your debt is when your expected return is higher than the interest on your debt — or to pay the penalty for behavioural reasons.
Someone with a «fair» credit score might be approved for car loans, or even a mortgage, but the interest rates on those loans will tend to be higher than the interest rates offered to people with higher credit scores.
A business's profits must be higher than its interest costs in the long run.
One benefit of investing in CDs is that the CD yields tend to be slightly higher than interest rates that can be earned in standard savings accounts.
Since the APR includes origination fees and other charges as well as interest on the mortgage loan, the APR is usually higher than the interest rate on the loan.
Interest rates on personal loans and credit cards are both typically higher than the interest rates banks charge for secured forms of debt.
Certificates of deposit are a safe way to earn interest that is typically higher than interest on a checking or savings account.
The interest on $ 2 is always higher than the interest on $ 1.
Positive gearing is where your income from an investment is higher than your interest and / or other expenses.
But good debt is good — it should produce an income higher than the interest payments on the debt.
2 Interest rates for the Deferred Repayment Option are higher than interest rates for the Fixed and Interest Repayment Option.
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