Sentences with phrase «impose higher interest rate on your loan»

Not exact matches

Because unsecured loans are more risky, unsecured creditors often impose higher interest rates on the money you borrow.

The future of the Stafford loan program is uncertain (as is just about any federal aid program for higher education) but it does appear that Congress is looking at a proposal to change the Stafford Loan interest rates from a fixed rate to a variable rate and making 6.8 % the maximum percentage rate that will be allowed to be imposed on borrowloan program is uncertain (as is just about any federal aid program for higher education) but it does appear that Congress is looking at a proposal to change the Stafford Loan interest rates from a fixed rate to a variable rate and making 6.8 % the maximum percentage rate that will be allowed to be imposed on borrowLoan interest rates from a fixed rate to a variable rate and making 6.8 % the maximum percentage rate that will be allowed to be imposed on borrowers.

Impose different terms or conditions, like a higher interest rate or higher fees, on a loan based on your race, color, religion, national origin, sex, marital status, age, or because you receive public assistance.

There are some drawbacks to this arrangement, mainly inform of the high - interest rates imposed on the loan amount and the short repayment periods.

Weil also successfully represented GEMB in a purported nationwide class action alleging violations of the Fair Housing Act and the Equal Credit Opportunity Act based on, among other things, the plaintiffs» claim that GEMB's alleged «policy» of allowing mortgage brokers the «discretion» to impose charges in connection with mortgage loan origination led to minority borrowers being charged disproportionately higher interest rates and fees.