Sentences with phrase «paid over a short period»

Normally, small loans paid over a short period attract higher APRs.

It requires only a limited number of premium payments paid over a short period of time.

Term insurance is paid over a short period of time (such as 1 time a year) for a short period of coverage (such as one full year).

Balloon mortgage: A type of mortgage that is generally paid over a short period of time, but is amortized over a longer period of time.

Not exact matches

Editor's take: The Capital One Quicksilver Cash Rewards Credit Card is a great fit for frequent travelers looking to consolidate and pay down their debt over a short period of time.

If you prefer to pay back your loan over a shorter period of time, Kabbage offers terms of six or 12 months.

As a general rule, a short - term loan will have a higher periodic payment, but a lower total interest cost of the loan when compared to a longer - term loan — even if that loan includes a lower interest rate, because the business is paying interest over a longer period of time.

Unlike primary mortgages that tend to be paid off over a 30 - year period, home equity loans and HELOCs are often used for a shorter amount of time.

Shin says when the negative balance grew to a point at which the bank stopped paying out, the lender attempted dozens more debits over a short period of time — each of which incurred a new $ 34 overdraft fee.

I do not object to paying 25 per cent of any short - term (one - year) capital gain, but when it comes to gains that include a tax on inflation that occurred over long periods of time, it means severe injury to whatever real gain has been earned.

So you can build equity faster by paying less interest over a shorter period of time.

This helps save on interest and pay down existing balances over a shorter period of time.

Annual incentive compensation and a portion of performance - based restricted units focus on short - term performance while the balance of performance - based restricted units and the other components of performance - based pay are tied to achievement of financial targets and stock price performance over a longer period of time.

Customers who were previously on the fence about a purchase will now have much more appealing opportunities in front of them and Kindle ownership will be that much simpler to justify as paying for itself in savings over a short period of time for any active reader.

If you can pay the full cost over a short time period, such as 18 months, you may be able to use a credit card with an introductory 0 % APR on purchases to pay for the solar system without paying any interest at all.

Strictly speaking, short term loans differ from payday loans in that you pay back short term loans over a set period of time (3 months, 6 months etc.).

For comparison, many payday lenders, who also lend to borrowers with poor or limited credit history, charge interest rates as high as 400 % and require borrowers to pay back the loan over a short period, usually two or three weeks.

After taking out a short - term loan, you'll pay it back in regular instalments, usually over a period of 3 months to a year.

Alternatively, you also can choose to accelerate your payments over a shorter period of time, thereby reducing the total amount of interest you will pay.

In other words, coffee may feel like a negligible cost in the short term, but paying it consistently over a long period of time will add up to some serious cash.

On the other end of the spectrum are installment loans, which are typically for larger amounts that can be paid off over a lengthier period of time, and carry more favorable interest rates than their short - term counterparts.

If you're planning to pay off your loans over a shorter period of time, you may be better off looking elsewhere

If you can make the shortest amount of time work, that means less interest than if the debt is paid over a longer period of time.

You can choose to make smaller premium payments throughout the life of the policy, larger payments over a shorter period (known as limited pay whole life), or lower premiums in the beginning and higher premiums afterward.

As a general rule, a short - term loan will have a higher periodic payment, but a lower total interest cost of the loan when compared to a longer - term loan — even if that loan includes a lower interest rate, because the business is paying interest over a longer period of time.

This is a great feature as it means you don't have to pay higher premiums over the entire term of the policy if you only need more coverage for a short period of time.

As always, it pays to settle on a long - term strategy and stick to it even if it occasionally suffers over shorter periods.

In short, over a period of less than 50 years, our nation has constructed a higher education system that forces millions of Americans to take out student loans they can not pay back in return for overpriced educational experiences that do not lead to better jobs or to better lives.

A payday loan is a short - term loan that allows you to get cash now and pay back the loan with an additional fee over one or more pay periods.

Further complicating the search for the rare high - fee manager who is worth his or her pay is the fact that some investment professionals, just as some amateurs, will be lucky over short periods.

Forbearance can give you a reprieve from paying on your student loans until you are better off to do so financially; however, forbearance will only be granted for a short period of time and a limited number of times over the life of your accumulated loans.

Banks and traditional lending institutions prefer to finance properties that will be held over a long period of time; short - term loans prevent these lenders from making money from the interest paid on these loans.

In Chapter 7 Bankruptcy, your trustee sells all of your eligible assets over a relatively short period of time to pay off all the debt possible; the rest is discharged.

An agreement is drawn up by a licensed insolvency practitioner to pay an agreed amount off your debts over a shorter period of at least four years.

It is a formal arrangement to pay an agreed amount off your debts over a shorter period, such as five years, or through raising a lump sum.

Then select the repayment schedule that best fits your budget or goals — choose a lower payment over a longer period of time to minimize the impact on your monthly cash flow, or choose a higher payment over a shorter period of time to incur less interest and pay off your loan faster.

The key questions are — how long do you plan to stay in the home, when do you want to pay off the mortgage or sell the property, what will your income look like in the next 3, 5 — 10 years — do you need better cash flow with lower payments or a workable repayment plan to pay off the mortgage sooner — knowing the borrower's short and long term plans and financial goals is necessary to make the best options avilable — the numbers of actual cost and benefits are the answer — show the total costs of principal and interest over 5 year periods and the total for keeping the loan for the full term, these are the real costs and savings for the borrower.

They offer installment loans, a type of short - term loan that you pay back over a period of time in fixed repayments on the amount you borrowed, interest and fees.

Settlements are however only possible if you are willing to pay the lump sum of the lower amount - or over a short period of time.

Cardholders with more manageable debt, who can afford to pay off balances over a short offer period, may be best off with a card with no balance - transfer fee.

Sources have claimed, over the holiday period, that # 140,000 is now being paid to Peyton - Jones, a figure that exceeds Nicholas Penny, the director of the National Gallery and falls just short of the Tate's Nicholas Serota, who receives # 160,000 annually.

The relatively short payback periods of many fuel efficiency measures, combined with most trucks being commercially deployed on the road for well over a decade, ensure that fuel efficiency provides greenhouse gas reductions and cost savings for the party paying for fuel.

If you like to pay your premium in short period and want to enjoy the benefits from the plan over the policy term.

A short pay allows you to do this by consolidating the premium payments required for a lifetime guarantee over a limited period of time.

The short pay option allows an individual to do this by merging the premium payments that are required for a lifetime guarantee over a reduced period.

In some cases, this reflected a rise in premium of over 100 percent within just a short period of time — making these policies unaffordable for individuals who had been paying in premiums for many years.

You can choose to make smaller premium payments throughout the life of the policy, larger payments over a shorter period (known as limited pay whole life), or lower premiums in the beginning and higher premiums afterward.

They are ideal if one wants to pay premium for a short period and wants to enjoy benefits from the plan over the policy term

Limited payment insurance means that you pay much higher premiums over a shorter period of time so that you don't have to pay any premiums when you are older.

In short, with life insurance, you pay premiums over a given period so that your beneficiaries can receive a lump sum payment upon your passing (find out How to Collect a Life Insurance Payout).