Sentences with phrase «rate during the introductory period»

Balance transfer credit cards give you an opportunity to save money and pay off debt faster, with low or 0 % interest rates during the introductory period.

A lot of balance transfer credit cards offer very low or even 0 % interest rate during the introductory period.

Not exact matches

During this introductory or initial period, the interest rate remains fixed and therefore does not change.

During that introductory period, the interest rate on an ARM is generally lower than the fixed interest rates in the same mortgage market.

After the introductory period, your rate can jump, and it can adjust more than once during the loan term.

Just because you transferred your balance to a credit card that offers a zero percent interest rate for six months, that doesn't mean that you won't pay a much higher interest rate for purchases you make during the introductory period.

During an introductory period of sixty days, there are $ 0 in balance transfer fees; afterwards, the rate reverts to the standard $ 5 or 5 % (whichever value is greater).

During the Introductory Rate Period you would make 6 payments of $ 249.17 and for the remainder of the Draw Period you would make 114 payments of $ 395.83 followed by a Repayment Period of 240 payments of $ 646.22.

Cards that offer a 0 % annual percentage rate (APR) during an introductory period can help you save money by allowing you to skip interest... Read More

Failure to pay them off during the introductory period means that balances remaining after the introductory period expires will accrue interest at a new and usually much higher rate.

These are usually several points higher than those for purchases or balance transfers although at times during promotional periods there is an introductory rate lower than than the regular rates for the two.

If you consolidate debt and then keep charging up your now empty cards, or if you don't pay off the debt during the introductory period and end up paying at a higher rate, then you can come out worse than you were before.

Some offers advertise a low payment rate without telling you that it applies only during an introductory period.

Even worse, if such an offense happens during a time period where the account is awarded a 0 % introductory term, the interest free rate may be stripped.

Low Introductory APR on balance transfers of 1.99 % for your first 6 billing cycles, this rate will not change during the introducIntroductory APR on balance transfers of 1.99 % for your first 6 billing cycles, this rate will not change during the introductoryintroductory period.

In the past, I've been successful with eliminating debt by using such cards, but I had to make the commitment of paying off my debt during the 0 % introductory rate period.

As noted in the chart above, the Introductory rate on purchases is valid for 180 days from account opening, unless you make a late payment during the introductory APR period — at which time the standard APR of 19.99 % (Prime + 15.49 %) will apply to the outstandIntroductory rate on purchases is valid for 180 days from account opening, unless you make a late payment during the introductory APR period — at which time the standard APR of 19.99 % (Prime + 15.49 %) will apply to the outstandintroductory APR period — at which time the standard APR of 19.99 % (Prime + 15.49 %) will apply to the outstanding balance.

However, the rate and payment remains unchanged during the introductory period which could be 5, 7 or 10 years.

This is a variable - rate account and the rate applicable to your balance tier may change at any time, except during the introductory period.

the introductory interest rate remains unchanged during the introductory period you specify

This way can save you interest charges at least during the introductory rate period, which usually lasts for 6 - 12 months.

Many people will spend spend spend during that low introductory rate period.

Introductory (Intro) Rate — Also know as a «teaser» rate, this is a low, fixed rate — often below the Prime rate — charged for a specific length of time during the initial period of the home equity line of creRate — Also know as a «teaser» rate, this is a low, fixed rate — often below the Prime rate — charged for a specific length of time during the initial period of the home equity line of crerate, this is a low, fixed rate — often below the Prime rate — charged for a specific length of time during the initial period of the home equity line of crerate — often below the Prime rate — charged for a specific length of time during the initial period of the home equity line of crerate — charged for a specific length of time during the initial period of the home equity line of credit.

If you don't pay off the debt during the introductory period, interest charges are charged retroactively, and usually at a high rate.

Be sure to read the terms and conditions of the credit card application carefully so that you will know what the interest rate will be during the introductory period and after.

I've never seen one of these people put together a plan to aggressively pay down their debt during the introductory interest rate period.

For example if you owed $ 5000 on two different credit cards you could transfer both balances onto the balance transfer credit card and save a lot on interest especially during the low introductory APR interest rate (which is for a set period depending — most offers are 12 months, but some can be even 15 months).

«Look for the longest introductory period, the lowest interest rate during that time, and a very close to average interest rate when the intro period ends,» Sherry says, adding that customers should see if they can get a balance transfer fee waiver, too.

During the low or zero - introductory APR period, pay down as much debt as you possibly can so your balance is as low as possible when the higher interest rate period begins.

However, if you think you'll sell the home before the introductory period ends, you may decide to take advantage of the lower rates that prevail during the initial periods on ARMs.

The guidelines direct lenders to assess borrowers» ability to repay a loan not just during the introductory period, when rates are at their lowest, but later in the loan term when the rate is fully indexed and fully amortizing.