Sentences with phrase «paying interest on outstanding debt»

If you're paying interest on outstanding debt, paying it off gives you an immediate return equal to the amount of interest you would have paid.

Remember that paying interest on outstanding debt reduces or eliminates the potential value you'll get from any rewards you earn.

This type of loan allows you to have lower monthly payments by only paying interest on the outstanding debt unfortunately this of course results in no decrease in principle.

The interest coverage ratio measures the ability of a company to pay the interest on their outstanding debts.

Why it is important: EBIT / Interest, also known as the interest coverage ratio, measures a company's ability to pay interest on outstanding debt, in other words, how burdened a company is by the costs of borrowing.

Not exact matches

This inflow was partly offset by $ 48.7 - million of financing expenditures that were driven by $ 37.4 - million in interest paid on outstanding debt, and $ 46 - million of investing activities primarily at Hudbay's Peru and Manitoba operations.

This means you'll save some money on the interest you'll pay back against your borrowing; making balance transfers a preferred way for many borrowers to axe interest and pay off outstanding debt, as many credit card companies offer an interest free period on balance transfers to new customers.

Some oil marketers had on Monday, appealed to the federal government to pay their outstanding debts of two billion dollars (N720 billion) owed on the importation of petrol products and the accrued interests on bank loans.

Transferring outstanding high interest rate debt from one credit card to another can be a effective way to lower you interest rate and pay less on monthly credit card bills.

Once you pay off your outstanding debt and the interest - free period has expired on the Simplicity card, you should consider getting a cashback card that will reward you for your spending.

However, interest on credit card debt is charged only on the outstanding balance, and only if that monthly balance isn't paid in full and on time.

The primary reason why most homeowners consider paying off credit card debt by consolidating all of their outstanding credit debt into a second mortgage is because the interest rates on their existing credit card are simply too high.

Amortization Loan payment divided into equal periodic payments calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance.

Debt consolidation — Many people have outstanding balances on their credit cards that they never pay off due to the high interest rates charged by the credit card companies.

So if you complete a 4 year program, the average student ends up with almost $ 30,000 in student loan debt, and if that loan remains outstanding for the next ten years, you could end up paying over $ 10,000 in interest on that loan.

It is always wise to refinance debt to free up additional money or pay a lower interest rate on any outstanding debt.

Even if the credit card debt ends up being settled for 50 % interest building at 20 % on the total outstanding credit card debt still means a significant increase in what you will pay as a debt reduction settlement.

Borrowers who received a loan to consolidate existing debt or pay off their credit card balance reported that the interest rate on outstanding debt or credit cards was 20 % and average interest rate on loans via Lending Club is 15.2 %.

Transferring outstanding high interest rate debt from one credit card to another can be a effective way to lower you interest rate and pay less on monthly cr...

Net income is operating income less non-operating expenses (including interest paid by the firm on outstanding debt and other related financing costs) and less taxes.

Since your outstanding debt is shrinking faster, there's not as much debt each month to pay interest on, so you pay much less interest over the term of the loan.

Once the funds are available, all outstanding balances are paid, and you will stop incurring penalties, charges, and interest payments on your previous debts.

Credit card consolidation is a way to consolidate your outstanding debts on your credit cards, from high interest rates to a lower interest rate and finally paying a much lower payment.

If you have an outstanding loan with a fixed interest rate, such as a traditional mortgage, you will be obligated to make fixed payments on a regular basis until the debt is paid off.

Additionally the fund will likely have to pay more interest on the debt it has outstanding.

Many balance transfer credit cards offer extended 0 % intro APR on transferred balances, giving you time to pay off any outstanding debts interest - free!

However, given the $ 1 trillion of credit card debt still outstanding, your average cardholder is still carrying quite the balance — and likely paying interest on it.

The interest rate you get will depend on your credit history, your outstanding debt, the amount of your loan and how long you need to pay it off.

Some terms commonly found in mortgage loan glossary are the following: Amortization Repayment of a mortgage loan through equal periodic payments (monthly typically) calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance.

Amortization Means of loan payment by equal periodic payments calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance.