Sentences with phrase «much higher interest rates»

Or you can use lenders that have lower standards (but most likely much higher interest rates).

Don't forgot the much higher interest rates and that many lenders have 6 to 12 - month limit.

For example, an unsecured credit card typically carries more risk than a secured loan, so regulations tolerate much higher interest rates on unsecured credit cards than allowed even on subprime mortgages, which are backed by collateral.

This is because most credit cards charge much higher interest rates than other forms of debt.

Also note that credit cards have much higher interest rates than student loans.

Retail cards tend to carry much higher interest rates than the typical credit card, so if you don't pay off what you charge right away, it could end up costing you more than if you had just paid cash in the first place.

Credit cards typically have much higher interest rates than mortgages, so you would save more money by working on eliminating your credit card debt first.

Thus several colleagues and I each took out the largest loans they would give us and walked down the street to an office of Dean Witter and bought CDs paying much higher interest rates - that was an investment where we couldn't possibly lose.

The line of credit can be preferable to using credit cards, which can have much higher interest rates and late fees.

Since this is considered a high - risk category, consumers may find that creditors reject them or offer much higher interest rates than to consumers in the top categories.

The loans were riskier than conventional, secured mortgages, but carried much higher interest rates and produced strong returns for several years.

Unsecured debts are thus riskier for the lender than secured debts, and will usually carry much higher interest rates.

That's why personal loans will usually have much higher interest rates than other types of installment loans.

Normal subprime lenders have employed much higher interest rates in order to compensate for the increased risk of the loan.

On the other hand, having poor / limited scores for either will greatly reduce any opportunities with the SBA, or result in much higher interest rates.

Our goal is merely to illustrate that the conventional wisdom, which appears to have originated in an era of much higher interest rates, doesn't always apply.

Private student loans tend to carry much higher interest rates than federal loans, with some capping out at 18 %.

Why it's a big deal: Getting 20 percent off of your first purchase can be tempting, but be mindful that most store cards carry much higher interest rates than regular cards.

A few years back, ING Direct was pretty much the only game in town, offering online savings accounts with much higher interest rates than anyone else.

Cash Back Rewards: Cash back rewards can seem very appealing until you understand that, in general, rewards cards charge much higher interest rates than credit cards without financial rewards.

Unsecured loans have much higher interest rates to reflect the lender's increased financial exposure in the event of non-payment of the loan.

@Ron: I don't have a convincing reason for why Manitoba credit unions specifically offer much higher interest rates.

Making late payments could allow creditors to opt of out of the debt management plan, which could mean you'll revert to the much higher interest rates and fees that you were trying to escape in the first place.

These may be harder to come by and usually carry much higher interest rates because the lending company doesn't have any guarantee that you'll repay the entire loan outside of a binding signature.

These may be harder to come by and usually carry much higher interest rates because the lending company doesn't have any guarantee that you'll repay the entire loan.

An unsecured consolidation loan may be harder to come by and usually carry much higher interest rates because the lending company doesn't have any guarantee that you'll repay the entire loan outside of a binding signature.

These usually carry much higher interest rates because the lending company doesn't have any guarantee that you'll repay the entire loan, especially if you have bad credit.

You can see that reward cards carry much higher interest rates than regular cards.

Unfortunately, home improvement loans and personal loans have much higher interest rates than regular home equity and HELOC loans.

Here you are getting into dangerous territory and will likely pay much higher interest rates, pay higher fees and have lower credit limits.

It is worth noting that once this 0 % interest period is over, you will be charged much higher interest rates than you would on your existing card, so timing is important.

These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates — anywhere from three to four percentage points higher than conventional loans.»

However, lenders that approve student loans for bad credit charge much higher interest rates that make the loans cost prohibitive for college students.

Many credit cards have much higher interest rates.

And my student loans have comparably much higher interest rates — above 5 %.

These borrowers are associated with a higher risk of defaulting on their loan payments or on the loan as a whole, and to offset that risk they will be charged much higher interest rates than traditional mortgages.

Some large stores issue their own cards, which operate like regular credit cards but can only be used in that store, and have much higher interest rates.

From my experience, when I set my expected return to 8 %, most of the purchased loans have much higher interest rates.

Companies that don't request such information tend to charge much higher interest rates because they can not determine default risk accurately.

Credit cards have much higher interest rates because the loan is not secured — it's not backed up by an asset such as a house or vehicle the way a mortgage or car loan is.

Subprime borrowers pay much higher interest rates than consumers with good credit scores.

Other common choices include subprime and hard money home loans that come with much higher interest rates or even adjustable rates.

In addition to fees, secured cards have much higher interest rates, so a lesson with your student on why it's important to pay off a credit card balance in full every month is in order.

There are a few lenders that will allow you to borrow more, but expect to pay much higher interest rates.

They tend to have much higher interest rates than major credit cards like a Visa card to rebuild credit.

They often require a co-signer, lack the same repayment flexibility, and sometimes carry much higher interest rates.

If you can get a loan, you will likely receive much higher interest rates than those who have not gone through bankruptcy.

Opposite to secured loans, a small unsecured personal loan offers much higher interest rates and stricter requirements.

People with bad credit have to pay much higher interest rates on personal loans and credit cards than those with good credit.

Whichever online - only bank you choose, you will likely enjoy much higher interest rates than you're getting at your current bank, so if you don't mind the inconveniences of online banking, consider making the switch.