Sentences with phrase «points above prime»

While those with excellent credit can pay no interest or just a few points above the prime rate, bad credit consumers can pay the maximum allowed by law for their borrowing privileges (29 % or more APR..)

The interest you pay, generally a couple of percentage points above the prime rate, goes into your retirement account.

While those with excellent credit can pay no interest or just a few points above the prime rate, bad credit consumers can pay the maximum allowed by law for their borrowing privileges (29 % or more APR..)

If the interest rates are several points above prime and you have a good credit score (700 or above), you probably need to go elsewhere.

«Reverse mortgage rates are a heck of lot better than they used to be,» McLister says, adding that CHIP variable rates got as high as six percentage points above prime in 2009.

He designed the debentures to pay investors a quarterly guaranteed interest rate: five percentage points above prime, capped at 15 %.

Not exact matches

Methinks, Prime, you must have missed the point that Lybia is a bigger issue that should be in the headlines over the above nonsense.

The majority of variable interest rates are subject to change in coordination with the Prime Rate, which is 3 percentage points above the federal funds rate — set by the Federal Reserve Bank.

Even a credit score in the high 600s should only warrant an interest rate a point or so above prime.

Sub prime lenders charge higher interest rates, usually three percentage points above what prime borrowers with good credit pay plus thousands of dollars in fees.

Typically such loans charge a percentage point or two above the prime lending rate.