Sentences with phrase «interest on outstanding debt»

Remember that paying interest on outstanding debt reduces or eliminates the potential value you'll get from any rewards you earn.

Remember that paying interest on outstanding debt reduces or eliminates the potential value you'll get from any rewards you earn.

This type of loan allows you to have lower monthly payments by only paying interest on the outstanding debt unfortunately this of course results in no decrease in principle.

I didn't qualify for a loan due to my lower than average credit score, and the high interest on my outstanding debt just kept piling on.

If you're paying interest on outstanding debt, paying it off gives you an immediate return equal to the amount of interest you would have paid.

Ghana's domestic oil importers said on Friday they may take legal action against the government to recover interest on an outstanding debt of $ 384 million that presents an early headache for the incoming government.

If Reuben were to choose either of these options he will continue to be charged interest on his outstanding debt and even interest on that interest if he falls behind on payments.

Most standard mortgages in Canada charge interest semi-annually — that means twice a year the lender calculates what interest you owe, based on the outstanding principal debt and the accumulated interest on that outstanding debt.

Why it is important: EBIT / Interest, also known as the interest coverage ratio, measures a company's ability to pay interest on outstanding debt, in other words, how burdened a company is by the costs of borrowing.

The interest coverage ratio measures the ability of a company to pay the interest on their outstanding debts.