Sentences with phrase «of securing a lower interest rate»

One of the perceived advantages of financial aid is not the idea of securing the lowest interest rates possible, but that repaying the loans themselves is put off until graduation.

Home loans are often tied to your credit standing and typically, the better your credit rating, the higher the chance of securing a lower interest rate loan.

By shopping around, you can increase your chances of securing a lower interest rate, so do your research and find a lender that's right for you.

Not exact matches

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

a municipal bond that is secured by an escrow fund; the escrow fund comes from the issuer floating a second bond issue and using the proceeds from that second bond issue to purchase government obligations, typically U.S. Treasuries, proceeds from the second bond issue create an escrow fund to mature at the first call date of the first bond issue to pre-refund that issue; bond issuers will typically do this during times of lower interest rates to lower their interest costs

With the current rate of interest you can certainly benefit from this low rate compared to an equivalent stand alone loan which is secured on your property.

A discount point is a form of prepaid interest — you pay a certain amount at closing in order to secure a lower interest rate over the long term.

Using your home itself as collateral, this secured financing usually touts lower interest rates than credit cards and acts as a revolving source of funds, so that you can borrow against your home and pay back the credit line as many times as you'd like during the draw period.

This reflects borrowers switching from loan products with higher interest rates, such as traditional fixed - term personal loans, to products which attract lower rates of interest, such as home - equity lines of credit and other borrowing secured by residential property.

Not that much higher because they're still secured by a home (the home as collateral), the interest rates people typically pay on them are lower than those of nearly any other sort of borrowing.

Thereby, the Bank of Japan means to secure low or negative real interest rates and set in motion a self - reinforcing dynamics of rising inflation expectations, an improving output gap, and broad actual increases in prices and wages (view post here).

These types of personal loans can also be a smart choice if saving on interest is a top priority, since secured loans tend to carry lower rates.

We're left with a two - tier society: those who managed to raise a deposit, secure a mortgage, buy a house and enjoy low interest rates, and those without a brick to their name, unable to save because of the cost of living within a reasonable distance of their job.

We will make the most of this flexibility to drive the strong deficit reduction programme, and secure the strong banks that will be necessary to keep interest rates low.

TIFIA interest rates are lower, which will result in financing cost savings of approximately $ 100 million, and TIFIA - secured loans have allowed LACMTA to maximize debt capacity.

Our financing team is knowledgeable of the automotive loan and lease process and can help you find and secure a low interest rate on a new or pre-owned model.

Loans secured by your home will generally have lower interest rates, approximately 3.5 % to 6.5 %, than loans secured by the solar panel system, which range from 3.5 % to 13.24 %, because the borrower can repossess a larger asset with more value — your home — to recover the full balance due rather than a solar system that has likely lost part of its value over time.

Because collateral reduces the lender's exposure to the risk of default, secured personal loans have lower interest rates than their unsecured counterparts.

People refinance their home loans for a variety of reasons including securing a lower interest rate, changing from an adjustable - rate to a fixed - rate mortgage, shortening or lengthening the term of the loan, debt consolidation, home renovations, and to seek better terms.

Homeowners refinance their mortgages for a variety of reasons; to secure more favorable terms like a lower interest rate, or to cash out equity for improving their property, consolidating debt, or paying for big ticket items like a college education or medical procedure.

A secured bad credit loan is a less risky version of loan than an unsecured bad credit loan and therefore will carry a lower interest rate - up to ten percent less in most cases.

Auto loan interest rates can vary greatly depending on the type of institution lending money, and choosing the right institution can help secure lowest rates.

Secured home improvement loans are usually available at slightly lower interest rates, are usually meant for higher amounts, and can be repaid over a longer period of time.

If lower interest rates can't be secured during refinancing and / or the repayment term is extended, the borrower could end up paying more over the life of the loan.

Because the money is locked away, this type of credit - builder loan is considered a secured loan and typically comes with a lower interest rate than an unsecured loan.

Interest coverage of 1.7 times cash flow is very low, and akin to what one gets on CCC - rated debt, except that the loans are typically secured by the assets of the company, which lessens the severity level of defaults.

However, a secured personal loan will have lower interest rates, the reason being that if you default on the loan the lender will be able to take the property (real estate, stocks and bonds, late model car) you have signed over as collateral and sell it to cover the cost of the loan.

Yes, you may secure a lower interest rate than some of your loans, but not all.

Most people refinance their cars for one of two reasons: They want to lower their monthly payments by spreading out the loan, or they want to secure a lower interest rate to save money.

Secured loans typically offer lower interest rates, bigger sums of money you can borrow, longer repayment period and regular monthly payments that make it easier for customers to keep track of their loan situation.

The Navy Federal nRewards Secured Credit Card is one of the few credit cards for bad credit to hit a trifecta — there's no annual fee, it offers a rewards program and it has low interest rates.

Simple: these financial products feature lower interest rates that common unsecured loans, credit cards, payday loans and other short term, non secured forms of financing and they also feature lower payments thanks to the flexible repayment schedules that you can choose.

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.

We can arrange a debt consolidation loan that is secured as a second mortgage and would have a much lower rate of interest of around 15 %; which could save you about $ 7,250.00 in interest charges every year.

Interest rates are determined by the loan chosen with unsecured loans having high rates of up to 19 % -29 % and secured loans like mortgages charge low iInterest rates are determined by the loan chosen with unsecured loans having high rates of up to 19 % -29 % and secured loans like mortgages charge low interestinterest.

Since it is a secured loan, the interest rate is generally lower than many other types of consumer loans.

Because a home equity line of credit is secured by your home, meaning the lender could foreclose on your home if you defaulted on your loan, you can usually obtain a lower interest rate on a HELOC than you'd get with a personal line of credit.

If you used a HELOC rather than a credit card, the fact that more of it was secured by your house means that you paid a much lower interest rate before it was paid off.

Because of the guarantee, lenders are more secure with the loan, and can offer lower long - term fixed interest rates and fewer points.

Consider taking out a secured line of credit at a lower rate to pay off your high - interest debt.

The Orchard Bank secured card is a popular choice because of its low annual fee and reasonable interest rate.

In short, a higher score will increase your chances of getting a loan and help you secure a lower interest rate.

The most attractive feature of a home equity loan is that it is a secured loan with low interest rates, as compared to any other loans.

Interest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home.

To get a lower interest rate, consider applying for a secured loan with OneMain, but remember you must put up collateral for this type of loan.

With a minimum APR of 13.24 %, this card has one of the lowest interest rates we've seen on a secured card.

While it may lower a debt's interest rate, it puts you in danger of losing the item used to secure the loan.

A discount point is a form of prepaid interest — you pay a certain amount at closing in order to secure a lower interest rate over the long term.

You'll also be able to secure a lower rate of interest, which could save you thousands of dollars over the life of the loan.

Identifying which rate really reduces costs is therefore important, and securing the lowest interest rates possible is done by looking at a number of factors.