Sentences with phrase «incur additional interest charges»

However, by extending your repayment period you will incur additional interest charges.

This gives you the flexibility to pay down your debt over time without incurring additional interest charges.

This gives you the flexibility to pay down your debt over time without incurring additional interest charges.

Not exact matches

Bad credit student loans already have high interest rates compared to regular student loans but if you also default on the loan, you can incur in penalty fees and additional charges.

Thus, you should ask your lender not only for the interest rate but also for any other additional fee or charge that you may incur in during the loan repayment.

Non Payment: If you do not pay your loan according to its terms, you could be: charged late fees, have your account sent to a collection agency, your information sent to a consumer reporting agency which may negatively affect your credit score, or offer to extend your loan which may cause you to incur additional fees, charges and interest.