Sentences with phrase «penalty rates based»

Another 24 cards have penalty rates based on individual cardholder creditworthiness that may run as high as 29.99 percent.

Not exact matches

Colin Barnett says he would like to see penalty rates cut for casual small business employees on Sundays and public holidays, but lift the base rate for standard hours.

The proposed law would also adjust penalties according to the value of the cryptocurrency involved in a transgression, which would be determined based on a token's exchange rate with the Philippine peso at the time that the criminal act took place.

The standard APR and penalty APR will vary based on the Prime Rate.

The APR for purchases, balance transfers, cash advances, and penalty APRs will all vary with the market based on the Prime Rate.

Based on the union's analysis, Deutsche Bank estimates that franchisee profits could fall by 30 to 50 per cent from the time when no penalty rates were paid.

But those stronger penalties are based on an assumption that the reported rates are accurate.

The Obama administration's initiative to tighten oversight of public - school disciplinary practices by the U.S. Department of Education's Office for Civil Rights, based on racially disparate effects of standard penalties (such as suspensions) as well as hard - to - assess accusations that minority students are being treated more harshly for similar infractions, has put additional pressure on integrated schools to equalize rates of disciplinary sanctions by race and class.

The state is placing a moratorium on school penalties during the first year as it sets base scores and passing rates.

For example, instead of a standard three - month interest penalty based on your current rate, some lenders charge three - month interest penalties based on posted rates.

With the best interest of borrowers in mind, the apex bank of India has over the past five years introduced measures such as introduction of base rate and abolishing pre-payment penalties.

With a variable rate mortgage, a typical penalty is 3 months of interest based on the current amount owing.

Unfortunately, Ally has again lowered the rates by 10 basis points on the top two tiers of its no - penalty, 11 - month CD.

It may not seem like a large amount on a month on month basis, but calculated on an annualized rate of interest it can work out to be a substantial amount, that you will be required to pay as a penalty.

So, if you may have negotiated a five - year fixed - rate mortgage at 2.99 %, but the penalty for breaking that mortgage may actually be based on the posted rate, which currently sits at 4.64 %.

These loans are similar to a variable - rate mortgage in that the rate is based on prime and can fluctuate, but with a SLOC, you can pay off the loan faster without penalty.

Because fees are assessed and penalty rates may kick in (which are much higher than normal rates) when late payments are made, a purchase that they could originally afford based on the pricing of their contract may become less affordable when fees and / or penalty rates are applied to their accounts.

The logic: Some lenders — including the Big Six banks — base penalties on posted rates, which can drastically inflate your penalty.

Most of the big lenders tend to base their penalties on posted rates as this can often result in inflated charges.

Mortgage penalties can be based on posted rates, bond yields or discounted rates.

To break your mortgage, your lender typically has the right to charge a penalty based on the greater of three months» interest or the interest rate differential (IRD), which is essentially the difference between your old rate and current rates for your remaining term.

There's no penalty and both accounts are still free and earn our base interest rate.

The APR for purchases, balance transfers, cash advances, and penalty APRs will all vary with the market based on the Prime Rate.

Scotia, like all big banks, uses a penalty formula based on posted rates.

The penalty for a variable rate certificate account will be calculated based on the average of the interest rates in effect during the term of the account, regardless of the length of time the funds have remained on deposit.

Here's the information that created an opportunity for you so you're on a current five year, you have two years left, the rate difference is going to be about two basis point at 20 basis points and your penalty's been calculated, here's the information.

The standard APR and penalty APR will vary based on the Prime Rate.

Penalty APR of up to 29.99 % variable rate based on creditworthiness.

0 % for the first 15 billing cycles, then 9.99 % -23.99 % variable rate based on creditworthiness; no penalty rate; no annual fee.

0 % for first 15 months, then 12.99 % -21.99 % variable rate based on creditworthiness; Penalty APR of 27.24 variable rate.

As with many credit cards, the interest rate you receive will vary based on your credit score when you apply, but this card has no penalty interest rate.

While you would still disqualify yourself from receiving the accident - free discount, your insurer would not apply an additional penalty to your base rate for having a recent accident on your driving record.

The new program would (i) have no loan - to - value limits, (ii) require an interest rate no more than 40 basis points higher than the prime rate, (iii) waive prepayment penalties, (iv) limit the term to 40 years, and (v) prohibit any additional fees beyond the standard guarantee fee for refinancing a mortgage.

In Canada, when a borrower prepays the full balance of his mortgage, the lender imposes a penalty that is equal to the highest of three months of interest; or an amount based on the differential between rate A, the rate in effect at the signing of the mortgage, and rate B, the rate in effect at the prepayment date.

The standard penalty is usually based on the greater of a sum equivalent to three months» interest on the balance being paid out before maturity, or the interest rate differential.

Most of the banks base the penalty on the posted rate at the time when you signed your mortgage INSTEAD of your actual rate.

Based on his experience in managing the pipeline of thousands of real estate brokers, Jonathan knew that the greatest difficulty faced by brokers and investors alike is the tedious and time - consuming process of gathering intelligence: identifying the real owner behind the LLC; discovering properties» real loan rates and due dates; and ascertaining prepayment penalty information.