Sentences with phrase «less than other types of credit»

Another disadvantage is that although the interest rate on a consolidation loan usually is less than other types of credit, the extended loan period results in more finance charges over the life of the loan.

Not exact matches

Other types of loan are also available - if your credit file is less than perfect, and you have a bad credit or low credit score - which potentially could help with repairing your credit file, if you keep up to your contractual payments and make your payments on time.
For consumers who spend less than $ 7,500 on travel and dining annually, or those who put other types of expenses on their credit card, the Capital One ® Venture ® Rewards Credit Card will be the better replacement for the JetBluecredit card, the Capital One ® Venture ® Rewards Credit Card will be the better replacement for the JetBlueCredit Card will be the better replacement for the JetBlue card.
Because a mortgage has collateral, it has lower interest rates than other types of credit - because it is less risk to the bank.
The general idea to keep in mind is that rate shopping for home an auto loans will have less of an impact to your score than comparison shopping for credit cards or other types of credit accounts.
In other words, a good credit score is needed to apply for a type of student loan aid that has a less than positive effect on your credit score.
The interest rate on bad credit secured personal loans is usually less than the rate on other types of bad credit personal loans.
The benefits of a cash - out refinance, under the right circumstances, may be that the cost of credit could be less than other forms of credit on the market, like credit cards or other types of loans.
Although payday loans are a type of credit that most borrowers should avoid, there are some cases in which this type of loan is actually less costly than other alternatives.
To be fair, in newer credit scoring models (such as FICO Score Version 9 and VantageScore 3.0), medical collections generally do cause less credit score problems than other types of collections might cause.
A tax return loan is less costly than many other types of loans, and certainly cheaper than credit cards.
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