Sentences with phrase «offer high interest rate loans»

Some lenders, specifically those that offer high interest rate loans to individuals with less than perfect credit, will charge a penalty if the loan is paid off early.

Not exact matches

The bank offered a loan at a low rate to pay off her high - interest credit card debt, and she ended up taking out a second mortgage for $ 80,000.

These firms allow consumers quick, easy access to credit, but in return offer extremely high interest rates, which if not managed properly can cause big problems for the people taking the loans.

Having a poor credit score will either keep you from obtaining credit altogether or place you in a high - risk category, which means that if you're approved for credit or loans, the interest rates you'll be offered will be significantly higher than someone with excellent credit.

Variable rates currently offer lower interest rate options, resulting in additional interest savings, but keep in mind — variable rate student loans are often higher risk for borrowers than fixed interest rate student loans.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

Therefore, while floating - rate loans offer higher interest income when interest rates rise, they will also generate less income when interest rates decline.

If you don't have great credit, the interest rate offered by the lender may end up being higher than the rate you are currently paying on your loan.

Namely, private loans tend to have much higher interest rates than loans that are offered through the federal government.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

These student loan refinancing companies — which are private lenders, unrelated to the state or federal government — offer a solution to student loan borrowers looking to lower their high interest rates and make student loan payments more manageable.

A commercial lender that offers short - term loans will charge higher interest rates, but it's more likely to approve and fund a loan quickly.

Floating - rate loans have yields and volatility similar to high - yield corporate bonds, with one major difference: As their name indicates, their interest rates «float,» adjusting periodically based on a benchmark rate, typically the London Interbank Offered Rate (LIBrate loans have yields and volatility similar to high - yield corporate bonds, with one major difference: As their name indicates, their interest rates «float,» adjusting periodically based on a benchmark rate, typically the London Interbank Offered Rate (LIBrate, typically the London Interbank Offered Rate (LIBRate (LIBOR).

If a company is going to ask an investor to lock - up their money for longer, in this loan, they have to offer a higher interest rate than they would if the loan is only for a few years.

The Peerform Consolidation Loan Program offers a fixed - rate Consolidation Loan which can be used to pay off high interest credit card debts.

In exchange for their credit risk, these loans offer high interest payments that typically float above a common short - term benchmark such as the London Interbank Offered Rate, or LIBOR.

Some lenders offer small loans with very high interest rates and terms varying from 2 weeks to 2 months.

One is the Express loan, which offers speedy processing times in exchange for smaller loan amounts and slightly higher interest rates.

The primary attraction for investors is that lower rated borrowers pay a higher rate of interest than investment grade borrowers, so bank loan funds and ETFs typically offer a higher dividend yield.

Some lenders offer no - cost refinancing and will charge a higher rate of interest and pay the closing costs, or will wrap the closing costs into the amount of the new loan.

Some lenders offer «no cost» refinances (actually, no out - of - pocket expenses to the borrower) by charging a higher rate of interest on the new loan than if the borrower financed or paid the closing costs in cash.

How it stands out: While MPOWER's interest rates are relatively high, the lender offers a rare option: student loans to international students without co-signers.

Some lenders offer a zero point / zero fee loan which means that you do not have to pay most of the fees generally required, however, your monthly payments may be somewhat higher (lenders generally will charge a higher interest rate for this type of loan).

Credit unions generally offer higher interest rates for savings accounts and lower rates for loans, when compared to most banks.

Your bank may be willing to lend if you show some credibility on that front, but may still offer you a loan that may be a higher rate of interest than the prevailing rates in the markets.

With the high risk of unsecured loans, you will find interest rates to be considerably higher than what the loan market usually offers.

Parents with high - interest PLUS loans currently might have good luck refinancing with a private lender as they could offer a much lower rate with better terms.

Most often, the interest rates on private loans are higher than those on federal loans, but some loan providers offer variable interest rates, which can adjust and change from year to year.

Don't use debt consolidation if the lender is offering you a loan at a higher interest rate than the average interest rate on the other accounts that you plan to pay off with the loan.

While their interest rates can be high, they generally offer lower interest rates than payday loans.

If you have a high credit score, you are more likely to be accepted for credit cards and loans, and you will be offered the lowest interest rates.

Subprime loans were mortgages with higher interest rates than conventional mortgages offered to people with low incomes or poor credit or who simply failed to shop around and understand they qualified for better rates.

A commercial lender that offers short - term loans will charge higher interest rates, but it's more likely to approve and fund a loan quickly.

Someone with a good credit report will be offered the lowest interest rates on loans and credit cards, while people with bad credit reports will face high rates, if they're able to borrow at all.

Private loans have much higher interest rates and less flexible repayment plans — for example, federal loans offer income - based repayment plans, which take into account your salary when calculating payments — while most private loans do not.

Personal loans offer a method to finance some of life's larger expenses, as well as help consolidate higher interest rate debt in certain circumstances.

This is where online lenders are valuable, offering a greater chance of securing loan approval, though interest rates charged by subprime lenders can be quite high.

Given that fast business loans carry higher interest rates and fixed monthly installments, unless your current and future income guarantee that you will be able to repay the loan, you will probably do better with a business line of credit that offers more flexibility when it comes to the repayment plan.

Namely, private loans tend to have much higher interest rates than loans that are offered through the federal government.

You may be able to find some private lenders who will extend such loans but they are usually accompanied by high interest rates, tough repayment conditions, and offer the risk of pulling you further into debt.

Generally speaking, a better credit history will result in a lower interest rate on the loan, whereas a credit history with past due payments, previous defaults, and collections will often lead to a higher interest rat, to offset the lender's increased risk in offering credit to a borrower with poor credit.

In many cases, private student loans will have higher interest rates vs. loans offered by the Department of Education.

These lenders take advantage of this situation and offer RV loans with slightly higher interest rates for people with all kind of credit.

So, while that «no - cost» offer may limit your exposure at the outset, you'll ultimately pay more over the life of the loan by having a higher interest rate than what you might have secured elsewhere.

These rates determine how much more of the original loan do you have to pay, and some money lender offers a meager interest rate or a very high one.

Since the loan is offered on your signature alone, the risk is high for the lender and the interest rates are pumped up to cover that risk.

A lender may choose to offer a small - dollar loan to a person with less - than - perfect credit; they interest rate attached to loan may be higher than it would for an applicant with a good or great credit rating, but it is often still affordable.

Check cashing companies and certain finance companies along with some others are offering short - term loans at a high interest rate that are referred by various names such as cash advance loans, payday loans, check advance loans, deferred deposit check loans or post-dated check loans.

Most private student loans have variable interest rates that are higher than the fixed rates offered by federal loans.

These loans charge higher interest rates and offer lower loan amounts than secured loans.