This is also because the repayment term is much longer — from several months and up to 2 years depending
on your borrowed sum.
Not exact matches
Canadian simply with assets are
borrowing vast
sums of cash to be used
on consumption.
The principal is the original
sum of money
borrowed on a loan or credit card or the amount left
on the balance after a payment is made.
As I've explained more than once in this forum, this expression is merely economists» shorthand, serving to describe the process that begins with banks crediting borrowers» accounts with lent
sums, is followed by the borrowers» drawing
on their
borrowed deposit credits by writing checks or otherwise transferring funds to various payees, and finally, other things equal, by a transfer of reserves from the lending bank to the payees» banks, for the sake of settling inter-bank dues.
Or that Corbyn's plans to
borrow huge, unprecedented
sums of money to embark
on a spending spree would put a millstone of debt around the necks of younger people.
As Chancellor, he raised huge
sums and
borrowed yet more in order to build a client state of tame Labour voters
on the public payroll — whether as employees or claimants.
Starting July 1st, those titles in the KDP Select program that are
borrowed will be paid according to the number of pages read instead of a set
sum based
on the Global Fund being paid to every title once a reader hits the 10 % mark.
Authors earn a share of a total
sum based
on the number of times their books were
borrowed; in December that fund was $ 500,000, which amounted to $ 1.70 per
borrow for every author.
My estimate of 7.8 million
borrows in May could well be spot -
on when you consider that the average read of 243 pages would result in Amazon paying out the princely
sum of, yes, $ 1.38 (243 x $ 0.0057), which, as mentioned above, is roughly the going rate under the present KU flat - rate payout system.
If you are accepted for an unsecured loan from a bank, building society or other financial institution, you will usually have to pay back interest
on what you have
borrowed as well as the
sum itself.
This can be preferable to paying interest
on a lump
sum from a personal loan, when you eventually may not need the full amount you
borrowed.
With a home equity loan, you receive a lump
sum payment for whatever amount you
borrow, based
on the amount of equity you have available in your home.
When you take out a second mortgage using your homes equity, you take the equity amount in one lump
sum, and make monthly payments
on the
borrowed amount.
Your loan balance is the amount you still owe
on the mortgage principal, which is the original
sum you
borrowed.
You will be charged interest only
on the amount that you
borrow, as opposed to interest
on the entire
sum of your equity as would be the case with an HEL.
One factor considered in credit scoring is the percentage of your total credit — the
sum of all the credit limits
on all your credit accounts — that you've
borrowed.
You only
borrow money as you need it, with no further approvals required, and only pay interest
on the
sum you have
borrowed to date.
The total interest
on an amount lent or
borrowed depends
on the principal
sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited or
borrowed.
Because second mortgages are based
on the amount of equity built up in the home, they can allow homeowners to
borrow a large
sum of cash with the flexibility to use it for any purpose.
Depending
on how much equity you have in your home, you may have the option of
borrowing cash at the time of the refinance — so that once all the paperwork is done, you'll have a lump
sum in your bank account, which you will pay back as part of your regular mortgage payments.
Anytime a relatively large
sum is being
borrowed it should be bound up by some form of contract, but even if you draw up a contract with a family member they may feel uncomfortable in chasing you up
on it, so this way of
borrowing is certainly not worth the risk.
On the other hand, if you're
borrowing a large
sum of money, the appraisal fee may be relatively small in comparison.
If you wanted to
borrow $ 40,000, the monthly payments
on a 10 year loan will likely be much higher than with a 20 year loan because the total
sum is divided over fewer monthly payments.
Such market permit other financial institutions with liquidity needs to
borrow in a short period of time from other companies with excesses, that adapts those banks to elude keeping far too large
sums of their means, which are based
on liquid assets such as cash to control any implicit expenses from the clients.
that's right, the Greek government was
borrowing huge
sums to spend
on operating costs.
Using this approach, rather than
borrowing a
sum of money
on an annual basis to cover an annual premium payment, like you might expect, you typically finance a one - time, larger amount to fund a single premium life insurance policy.
Son totaled my car w / no license My son
borrowed my car and spun - out
on sum mud in the road and totaled my car come to find out he was driving
on a revoked license.Will my insurance cover...