Sentences with phrase «incur high interest fees»

To avoid paying the regular APR, make sure to pay off your balance by the due date each month, if not, you will incur high interest fees.

Not exact matches

Make sure you have a plan in place to repay the amount that you borrow against your credit line, so you can pay it off quickly and avoid high interest fees, penalties or possibly incurring a debt you can't afford to repay.

Nor do they carry high interest rates and they can be paid off early without incurring any fees or penalties.

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.

Otherwise, late payments or missed payments will make you incur in punitive fees, higher interests, you'll be forced to refinance on worst terms or request additional funding and eventually you may have to file for bankruptcy unless you learn to take control over your finances.

Otherwise, you will incur some of the highest late fees and interest rates from all credit cards.

While delinquencies incur late payment fees, cardholders who go into default may find that they're unable to get credit cards, and if they can, the interest rate on them is usually very high, since card issuers will deem them a risk.

For example, if you were to borrow $ 100,000 at 2.5 %, the interest that you would incur for a one year period would be approximately $ 2,500 however, you could in turn either invest it in something with a higher return say 8.5 %, and receive over $ 8,800 a year in interest plus sometimes additional fees, the result could be net interest earned of over $ 6,300 per year.

Because we do not incur the significantly higher fixed operating costs inherent in a branch - based distribution system, we are able to provide better value to our customers through low fees and low interest rates on our digital mortgages.

You will incur in penalty fees that will take your overdraft even further and you will have to pay higher interests on the whole amount (the sum included in the limit and the sum exceeding the limit).

If you miss the deadline for your credit card payment, you will incur fees and high interest charges, starting a cycle that may never end.

Not only is he over his credit limit by $ 300 which must be paid by the next due date but he will also probably incur an over the credit limit fee and could possibly void the 0 % interest rate and be penalized with a higher interest rate as high as 29 %.

Make sure you have a plan in place to repay the amount that you borrow against your credit line, so you can pay it off quickly and avoid high interest fees, penalties or possibly incurring a debt you can't afford to repay.

If you do carry a balance past the due date, you will incur a fee significantly higher than the typical interest rate of credit cards.