Sentences with phrase «paid over a short period of time»

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.

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.).

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.

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.

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.

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.

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.

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

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.

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.

Some people opt for this policy over a 10 pay because the premiums are lower but you still get the advantage of a paid up policy in a relatively short period of time.

Annuities can be paid out over the owner's lifetime or a shorter period of time such as 10 years.

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.

For example, say you want the benefits of paying whole life insurance premiums over a shorter time period but can only afford a particular dollar amount per year.