Sentences with phrase «meaning higher interest rates»

Negative information on your report can result in a lower score, meaning higher interest rates on credit cards and loans that could cost you a lot of money in the long run.

For the first time since oil prices crashed, strong job growth has the Bank of Canada worried about inflation, meaning higher interest rates are coming

Firstly, because it means higher interest rates — so when companies try to borrow money, that money will become more expensive and as a result they will have less room to give returns to investors.

That won't sound like much to a normal person, but the comment means higher interest rates are back on the horizon.

The reason average Americans should care about the «taper» is that higher interest rates on bonds also means higher interest rates on things like mortgages.

It's unsecured, which means a higher interest rate because there's no property for the lender to seize if you default on the loan.

A lower score typically means a higher interest rate, if you're able to get approved for a loan at all.

A credit score below about 650 means you qualify only for «subprime» lending — and that means higher interest rates.

Many other articles addressing this topic answer the question in terms of what a specific generic risk score means to the borrower: a low score means higher interest rates, and a higher one means better terms, etc..

The big red flag on the survey was that respondents didn't understand that having a low credit score meant higher interest rates, and in turn, more money out of their own wallets.

Whether that means a high interest rate, strong bonus, or a way to save for your child's future, we've looked at a range of the best savings account options in each category.

Higher default rates mean higher interest rates.

But, this increased risk means higher interest rates.

A credit report that's riddled with late payments or worse will unfortunately mean higher interest rates for you.

Usually, a longer term means a higher interest rate, but this also depends on other factors such as cash flow trends, profitability and personal credit score.

That means higher interest rates when you apply for a loan or new credit.

For bonds this means a higher interest rate, which leads to a lower priced bond.

Yes, as I described earlier, when I called them originally, I took the option to keep the 2 % minimum payment even though it would mean a higher interest rate.

Your new interest rate will be a weighted average of your old interest rates (meaning the higher interest rate will be given the most weight) and is not subject to change.

An easier approval typically means higher interest rates to compensate for the added risk, while lower rates mean a lengthier process.

It may mean a higher interest rate and fewer rewards.

Generally, a lower credit score could mean a higher interest rate when you borrow.

Once again, this means higher interest rates.

Similar changes can happen if your credit score should slip during the process — a lower credit score can mean a higher interest rate (or higher loan costs to obtain the rate at which you originally qualified).

Low monthly fees normally mean higher interest rates and longer payment periods.

Inflation means higher interest rates.

This could mean a higher interest rate for the rest of your mortgage term, but it differs from lender to lender.

A 669 Credit Score could mean higher interest rates and higher payments.

The added risk to the bank could mean higher interest rates charged for the LOC, but still, they can't take your home.

Less demand means higher interest rates.

However, longer terms often mean higher interest rates.

Depending on the situation, this can mean higher interest rates due to higher risk by the lender.

A poor credit score could mean a higher interest rate and that could get very expensive over the long term.»

That's because a lower credit score can mean higher interest rates and payments for you.

Lower credit scores mean higher interest rates.

Not only can this mean high interest rates all around, it can also mean keeping track of multiple due dates, minimum payments, and APRs, potentially leading to late or missed payments when something slips your mind.

A lower score will mean a higher interest rate, so if you have generally poor credit you might have an uphill battle ahead of you before you even step foot into a dealership.

That means that bankruptcy not only means higher interest rates on loans, but it can also mean sky - high auto insurance rates.

Also, making a 5 percent down payment might mean a higher interest rate than putting 20 percent down, again because more money is at stake relative to the value of the home.

If climate considerations meant higher interest rates, «not only will you have their attention.

Lower credit scores mean higher interest rates.

Not exact matches

I mean we're going to see this continued back and forth between the Fed talking about raising interest rates and therefore markets trying to absorb that higher term structure of rates, that's going to continue.

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

But higher rates mean the Fed has room to cut interest rates when it needs to.

The debate over interest rates has been raging for some time now, but that doesn't mean they have to move higher.

At the same time, the fact the ECB is likely to gradually raise interest rates, it will mean that these peripheral nations could face higher debt financing when borrowing money from the markets.

Tax code changes and rising interest rates may mean debts like home equity lines of credit should take higher repayment priority.

That means that if the Federal Reserve feels the need to respond to President Donald Trump's new economic policies with higher interest rates, as Chairwoman Janet Yellen again hinted yesterday, there'll be little to stop the dollar rising further against Europe's single currency.

While U.S. savings bonds have lost popularity as a means of long - term savings due to the low interest rates they currently earn, some retirees have been holding on to bonds that were issued when rates were higher.

A downgrade by a credit rating agency usually means investors will demand a higher interest rate when a company goes to raise cash by issuing bonds or other debt.