Sentences with phrase «money at a high interest rate»

If interest rate is such an important consideration when paying off debt, then why did you borrow money at a high interest rate in the first place?

With a variable rate loan, you have the possibility of a lower rate and saving money, but that could change and end up costing you more money at a higher interest rate.

In this article I explained how it is possible to make extra money if you can invest money at a higher interest rate than you pay on your debt.

So it encourages banks to seek loans elsewhere by offering money at a higher interest rate than can be found in what is known as the overnight market.

The principle is that you borrow at 0 % and then invest that money at a higher interest rate and earn the profit.

Not exact matches

This Toronto - based bank will benefit from rising interest rates — «they can take money in and put it out at higher loan rates,» Turk says — but also an expanding retail segment.

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.

If mortgage interest rates were higher, paying down this debt would make more sense, but with rates at about 4 percent, investing that money could yield a higher rate of return.

So why are all political parties afraid of borrowing money at historically low interest rates to pay for needed infrastructure spending that might actually pay for itself through higher productivity and higher income, without any cost to the taxpayer?

So why are all political parties afraid of borrowing money at historically low interest rates to pay for needed infrastructure spending that could pay for itself through higher productivity and earned income, without any cost to the taxpayer?

A money market account at your local bank can be a great way to protect your money while earning much higher interest rates based on how much you have to deposit.

If you want to earn interest on your money at a higher rate than what the Yield Pledge ® Checking account offers after the intro offer expires, you might find a money market account to be useful.

If you're paying high interest on your credit cards or you have a big expense coming up, taking out a home equity loan can be a smart way to get the money you need at an attractive rate.

Thus, if we look at bonds from a historical perspective, interest rates are very low — which is great for those borrowing money — but not so great for those that wish to see higher rates of interest, and return, on their money.

Although using a credit card for small business financing is certainly not the optimal method of raising money due to restrictive terms and high interest rates, at least it is an option for small businesses.

The longer you let your credit card balances and loans languish at high interest rates, the more money you'll waste along the way.

While a money market account combines benefits of savings and checking accounts, a money market account at most banks typically requires the account holder to maintain a higher balance for a higher interest rate and you are limited to the number of withdrawals you can make from your account each month.

If interest rates increase, you will have your money back from the shortest - term bonds in three years and can reinvest in more bonds at the higher rate in the market.

Students in every mainstream macroeconomics class, and that means almost all students, would have predicted, based on the nonsense they were learning, that the high deficits and high public debt ratios in Japan at the time, should have driven interest rates sky high, that bond markets should have stopped buying government bonds, that the government should have run out of money, and all the time that these disasters were unfolding, that inflation should have been be galloping towards hyperinflation.

Even if you have bad credit and get a loan through Personal Loans.com, you're still looking at a rate that is going to be lower than high interest credit cards so you'll still save money on the loan.

Jumbo loans are riskier for lenders because more money is at stake, as such they come with higher interest rates.

«Insist on paying interest at a rate of at least what your family member / friend would earn if he put the money in a high - yield savings account,» Dearing suggests.

Jumbo loans are nonconforming loans that come with higher interest rates to offset the increased risk on the part of lenders who issue them as more money is at stake.

The Bank's base rate dictates the amount of interest it charges to the high street banks for the money it issues, which in turn affects the rates at which ordinary customers can borrow money and how much interest they get on their savings.

Due to CBN's fixation with fixing exchange rates at a subsidized rate, it had to tighten money supply leading to a high monetary policy rate of 14 % with other interest rates following from that high base.

Democrats want to use $ 35 million in bond premiums — essentially money generated by borrowing more than needed at higher interest rates — and cutting police overtime by reopening two closed police precincts and reducing the use of outside counsel.

«Everything runs smoothly as long as we keep on borrowing ever more money... To keep people buying at ever higher prices requires even lower interest rates.»

Lawmakers project $ 30 million in revenue by recovering the value of bond premiums — money generated by borrowing more than needed at higher interest rates.

'' In 2016, 95 % of our borrowing was from domestic sources, at very high interest rate; and that means, that the private sector must have a meeting with the government to borrow money from the bank and what was the result?

In the letter, Gonsalves also said NIFA is applying unfair standards by preventing lawmakers from recovering the value of bond premiums — money generated by borrowing more than needed at higher interest rates — and «has perpetuated the conditions that allow it to maintain a control period.»

You'll make monthly payments at a relatively high interest rate, especially considering you're not actually holding the money.

The bank uses your money to make loans to others at a higher rate of interest.

But at their core, all banks are similar in that they borrow money at one interest rate and then hopefully, lend it out at a higher interest rate, pocketing the spread between the two.

With a Money Manager account from Great Southern, you'll enjoy higher interest rates, tiered interest rates 2, image statement at no additional cost 5 and a Bounce Protection limit of $ 700 available, which will give you peace of mind that your transactions will be paid, regardless of whether you have sufficient funds in your account or not 1.

While it «sounds good» at 1 %... the lenders are pushing US into higher rates — SWITCHING US — so they make more money on interest / not fair!

By adding points, they can offer a lower interest rate and make approximately as much money as they would at the higher rate.

A certificate of deposit or CD is designed to offer you a higher interest rate than a regular savings account without putting your money at risk.

Those same «financially repressed» paltry interest rates affecting fixed - income investments coupled with much higher mandated RRIF minimum withdrawal rates puts seniors at risk of running out of money before they run out of life.

Imagine you have an old student loan (or multiple) at a higher interest rate and you're looking to save money.

The more money you give to a bank, the more money the bank has to lend out to other people at high interest rates.

Without savings, you're at the mercy of the credit card companies and others who are eager to lend you money at very high interest rates no one can afford.

Some of you may be more experienced and more practiced at money management than others making sure all bills are paid on time every month, full amounts paid to avoid interest charges on credit cards, keeping your credit rating as high as possible.

Whichever source of funds you decide to use, secured lines of credit provide both great flexibility for solving cash flow difficulties and at the same time inexpensive financing because they charge low interest rates and provide high credit limits with low minimum payments letting you decide how and when you want to repay the money you withdraw in full.

By diversifying into CDs, at least part of my money is earning a much higher interest rate than my money market funds, and is subject to less risk than my bond funds.

The concept behind a debt consolidation loan is simple: you get a loan at a low interest rate and use the money to pay off all of your high interest rate debts, like credit cards.

Unfortunately that money is being directed at debt with an even higher interest rate than our mortgage at the moment so a 15 year is not an option for now.

I wouldn't get into Money Market Funds — you can get better rates at High Interest savings accounts or laddered GICs

For example, when the interest rates are high, a company might find it difficult to borrow money (at high rates).

Additionally, credit rating agencies look carefully at a companies leverage ratio when deciding what rating to give a company, lower credit ratings mean companies will need to pay higher interest rates to borrow money.

They can then leave their assets invested at a higher rate to accrue money faster than the loan does interest.