Sentences with phrase «offering higher interest payments»

Banks offering higher interest payments are likely going to have a minimum required balance, O'Kurley said.

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.

Not exact matches

«Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments,» Bharara said in a statement.

If you pay late or fail to make your minimum payment, you could lose your introductory offer and be hit with a higher interest rate right away.

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.

Most lenders offer 15 - year mortgages with slightly lower interest rates, but because the payoff time is cut in half, the monthly payment is higher.

Manhattan U.S. Attorney Preet Bharara said Shavers, 32, combined financial fraud and cyberfraud into a bitcoin Ponzi scheme offering «absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments.»

Even making the payments on a low - interest loan is a heavy burden for many charter schools - a burden that detracts from their ability to offer a high - quality education.

We offer low interest rate financing, low down payments and the highest trade allowances in the state!

Offer a high, interest - only payment for a short time period — 2 or 3 years.

Offer a high, interest - only payment for a short time frame — 2 or 3 years.

Offer a high, interest - only payment for a short time period — two or three years.

Though municipal bonds generally offer lower interest payments compared with taxable bonds, their overall return may be higher because of their tax - reduced (or tax - free) status.

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).

Offer a high, interest - only payment for a short time frame — 2 or three years.

Some mortgage plans offer low monthly payments even though the interest rate is fairly high.

Fixed interest rates, if available, may be slightly higher initially than variable rates, but fixed rates offer stable monthly payments over the life of the credit line.

If you miss a payment, the special offer can be canceled automatically, switching you to a higher interest rate.

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.

If your mortgage interest rate is higher than what's currently on offer, or if you're willing to extend the payment period further into the future, you can get a lower monthly mortgage payment by refinancing.

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.

However, some companies may offer zero points at a higher interest rate, which may significantly reduce your initial costs, although your payments may be somewhat higher.

For example, know whether a late payment will activate a higher interest rate and result in the introductory offer ending before the term is up.

They don't always offer borrowers choices as to how their payments can be applied across multiple loans; for instance, extra payments can be applied toward high - interest loans to pay down student loan debt faster.

However, some lenders may offer zero points at a higher interest rate, which may significantly reduce your initial costs, although your payments may be somewhat higher.

Offer a high, interest - only payment for a short time frame — two or three years.

Most of the credit card offers you can get after filing bankruptcy come with very high interest rates, annual fees, monthly maintenance fees, lower limits, and short payment periods.

HIGH - YIELD JUNK BONDS can offer impressive interest payments.

While the higher minimum payment Chase probably can justify since the balance transfer offer didn't specify it would be different than the card's overall terms (although if they aren't applying it uniform to all cardholders, that could be a problem for them), changing the interest rate on the promotional offer by imposing this new «service fee» on exactly the same accounts still benefiting from such an offer is outright fraudulent if you ask me.

In addition to the higher interest rate, which handily tops anything offered by the big banks, EQ Bank accounts also allow daily transactions, including bill payments and e-transfers.

When applying for a mortgage, aspiring homebuyers will have to prove they can meet their payment obligations at an interest rate two per cent above the rate offered by their lender, or at the Bank of Canada five - year fixed rate (which at press time was 5.14 per cent), whichever is higher.

Until a few years ago, homeowners were able to run up credit card debt and then take out a second mortgage to consolidate the credit cards and high interest loans into a reduced payment fixed interest loan that even offered tax deductibility.

However one thing to be aware of is the fact that if you have already fallen behind on payments on your existing debts, you will probably be offered debt consolidation loans with much higher rates of interest than you would be otherwise.

Although these loans offer higher interest rates for borrowers with short credit histories or a low credit score, the fact that they report to the three major credit reporting agencies means that on - time payments can build your credit score over time.

Frequently, mortgage brokers offer payment options that enable the borrower to pay lower fees and points, or even no fees and / or points, in exchange for a higher interest rate, or higher points and fees for a lower interest rate.

In conjunction with the down payment funds, AHFA offers a 30 - year, fixed - rate mortgage with an interest rate just slightly higher than the current market rate.

The interest rates on credit cards average 15 percent, but can be as low as zero percent (temporary, introductory offers) and as high as 30 percent or more, depending on the consumer's payment history and credit score.

We understand that private financing is only a temporary solution due to higher mortgage interest rates and payments, once the property was in their name; we contacted several of our lender partners and were then able to refinance their private mortgages into a bank lender that offered market prime rates.

It offers little aid to borrowers suffering financially, offers only high interest rates, and limits payment adjustment options.

Most cards nowadays don't have an annual fee unless they offer big rewards or are designed for people with less - than - good credit, but make sure to make at least the minimum monthly payment on time, or you may be slapped with a late fee and a higher interest rate — and you might even see your credit score suffer.

On average, lenders offer lower interest rates on business loans with higher down payments, further incentivizing a borrower to pay more up front.

Due to bad credit it is likely that your auto loan will have a high rate of interest as well as a longer payment term than the ones offered to borrowers with good credit.

People get lured into high interest cards because of various rewards schemes and offers, but it means that they end up paying large amounts of money back over time due to the cost of the interest payments.

I mean how an I supposed to know if taking a state offered mortgage at a higher interest rate but with different requirements for insurance and down payments and no payment protection is worth it in the long run or do I take the standard mortgage from a local bank or an electronic bank or a credit union.

Many banks and lending institutions also offer debt consolidation loans for veterans with substantial home equity, allowing them to restructure their high - interest rate obligations into one manageable, monthly payment.

The borrower who has failed to make payments on time will be offered a higher interest rate than the one who paid his bills regularly.

In the end your representative turned me away completely (not even offering a mortgage with a high down - payment or higher interest rates, just a refusal to do business with me).

The lender sees the client's financial situation indicates that making payments may be problematic, he offers higher interest rate or denies the application.

And if your payments are even a single day late, your credit card issuer may cancel your 0 % APR offer, and you could be stuck paying a higher interest rate.

The Obama administration announced new home loan guidelines for its foreclosure - prevention program aimed at offering mortgage relief for borrowers who have a high interest rate equity loan that they have been unable to refinance because of lack of equity or late payments since their second mortgage rate rose after becoming adjustable.