Sentences with phrase «interest rate charged by the lender»

The reasoning for the optimism stems from the high interest rates charged by lenders to cover for the risks of issuing student loans for bad credit applicants.

Nobody wants to lend money to irresponsible customers and interest rate charged by the lender directly depends on the borrower's creditworthiness.

Automobile Financing: If you are financing a car and have bad credit you will be paying thousands of dollars more due to excessive interest rates charged by the lender.

Prime rate is the short - term interest rate charged by a lender to customers who are the least likely to default on their loans.

For a start, the interest rate charged by the lender is higher, while the loan limit is often quite low.

The chief advantage of seeking military auto loans with bad credit is that the interest rate charged by lenders is lower.

The rate simply means the interest rate charged by the lender.

The bank's overnight rate, which generally influences the interest rate charged by lenders for variable rate mortgages and lines of credit, has remained at one per cent for more than four years.

Depending on the interest rate charged by the lender, pursuing debt consolidation may result in your monthly payments becoming considerably more affordable.