Sentences with phrase «higher than the interest rates»

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.
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 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.
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.
Right now, I would caution that interest rates on CDs are only nominally higher than interest rates on savings accounts for long duration accounts.
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.
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.
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.
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.
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.
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.
2 Interest rates for the Deferred Repayment Option are higher than interest rates for the Fixed and Interest Repayment Option.
Remember interest rates on any payday loans from any lender will be higher than interest rates on regular loans.
RRSP / TFSA contributions may be a better option than paying down debt when your expected long - term rate of return on RRSP / TFSA investments is higher than the interest rate on your debt.
As a result, the interest rate on an unsecured loan such as a personal loan is higher than the interest rate on a secured loan such as a mortgage because the lender is assuming more risk.
The interest rate offered on a high - yield savings account is generally higher than the interest rate offered on a traditional savings account, meaning you can earn more interest over time and your savings grow more quickly.
Interest rates for Fixed and Deferred Repayment Options are higher than interest rates for the Interest Repayment Option.
If you obtain financing from a dealer in OH or IN, then your APR will include a loan origination fee of $ 195, as part of the calculation of the cost of the credit, which will make the APR higher than the interest rate when you finance.
So it only makes sense that, with dividend yields these days often substantially higher than interest rates on fixed - income securities, it might be preferable in some cases to put dividend stocks inside the RRSP, not outside.
If current interest rates are higher than the interest rate you are currently paying for your mortgage loan, refinancing may cost you more than staying with your current mortgage.
This means that the interest rate on an unsecured personal loan will almost always be higher than the interest rate on a secured personal loan.
APY factors in the interest rate earned and compounding period (monthly for Bank5 Connect) and is often higher than the interest rate.
More important, the market's average return is far higher than the interest rate on a bond or bank account.
For that reason, APR is usually higher than the interest rate.
The APR reflects all the costs of financing - including points, origination fees, and other finance charges - and is usually higher than the interest rate alone.
Second, the interest rate that an insurance company pays is typically much higher than the interest rate that a bank will pay on a savings account.
As the rate of returns are much higher than the interest rates what the banks provide.
This is likely the best reason for why hard money interest rates on the East Coast are so much higher than interest rates charged on the West Coast.
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