Sentences with phrase «leads to higher interest rate costs»

Irregular income and business expenses could help explain why self - employed individuals have more credit card debt, which leads to higher interest rate costs.

Not exact matches

So, if the RBI hikes interest rates (like Repo rate) due to the factors discussed above, an increased repo rate leads to higher cost of short - term money.

Some errors can lead to a higher interest rate for loans you are currently applying for (which can cost you thousands), and some errors may lower your credit score and lead to rejection when applying for a mortgage or other important loans.

a) run - up in the debt, which may lead to much high costs when interest rates normalize.

In contrast, paying points reduces your interest rate but leads to a higher upfront cost.

Variable loan rates tend to start out lower than fixed loans, but they can increase over time, leading to higher interest costs.

And the loan term is typically one to eight years, which is shorter than most home loans and therefore often leads to lower interest costs over the life of the loan even if your interest rate is higher.

Remember: Higher interest rates can lead to higher costs (more on that bHigher interest rates can lead to higher costs (more on that bhigher costs (more on that below).

On the facts of these appeals, it seems reasonable to infer that recognizing interest as an expense would lead to a transfer of resources between classes of parties in which unsuccessful defendants are exposed to the risks of paying high interest rates designed to pay for the cost of lending money, not just to the successful party in the case but other plaintiffs who receive financing but may not recover moneys to pay for their loans...

Military service can often lead to free or reduced cost higher education, lower mortgage rates when you eventually buy a home and an increased interest by civilian employers who appreciate your service and skills once you've left active duty.

The improving economy, however, will likely lead to higher inflation and interest rates, which will raise the cost of borrowing for consumers and investors.