Sentences with phrase «rate than other types of credit»

Credit cards often charge a higher interest rate than other types of credit — the average credit card rate currently stands at around 16 - 18 % (depending on which statistics you look at).

Credit cards often charge a higher interest rate than other types of credit — the average credit card rate currently stands at around 16 - 18 % (depending [Read More]

Because a mortgage has collateral, it has lower interest rates than other types of credit - because it is less risk to the bank.

Store credit cards often have substantially higher interest rates than other types of credit cards, including those issued by major banks.

Not exact matches

These nonprofit financial institutions often offer financing to borrowers of all credit types with much lower interest rates than you'd get at other institutions.

Thus, annual percentage rates for home equity lines are generally lower than rates for other types of credit.

HELOC also appeal to many people because it offers bigger loan amounts and lower interest rates than credit cards and other consumer loans, but before you can qualify for this type of loan, you need to have at least 20 % equity on your home.

But make no mistake, some cards are definitely better than others in terms of interest rates, rewards, and the types of credit lines offered.

The general idea to keep in mind is that rate shopping for home an auto loans will have less of an impact to your score than comparison shopping for credit cards or other types of credit accounts.

However, they tend to be always lower than the rates charged by financing dental treatments and procedures with credit cards or other types of loans like cash advances or checking account's agreements.

Some credit unions offer CD - secured loans, typically to build credit or get cash quickly at a lower rate than other types of loans.

In order to lessen the level of risk associated with this type of deal, bad credit lenders charge higher interest rates than other lenders.

The interest rate on bad credit secured personal loans is usually less than the rate on other types of bad credit personal loans.

One pro of home equity loans and HELOCs is that they often come with lower interest rates than other loan types or credit cards.

Many home equity lines of credit offer interest rates between 5 % and 7 % which is significantly lower than the 15 % to 25 % provided by other types of financing.

The interest rate on a home loan is generally lower than other types of credit.

Besides, the interest rate is low enough not to become an issue and comparatively it is lower than credit cards, personal loans, and generally any other type of unsecured loan.

Home equity lines of credit often have significantly lower interest rates than other types of consumer credit like auto loans and credit cards.

Rewards credit cards typically have higher interest rates than other types of cards.

These kind of loans have lower interest rates than credit cards and other loan types and you can choose to repay them in up to 5 years.

In general, these loans come with a higher interest rate than other types of loans that focus on individuals with good credit scores.

They also have much lower interest rates than other types of loans, such as credit cards.

In most instances a new mortgage interest rate is lower than rates on credit cards or other types of loans.

If you keep a balance and have credit card debt, then it's probably better to use low interest or 0 % APR cards rather than rewards cards instead (because many rewards cards turn out to have higher rates than other types of cards that don't have such generous rewards).

Because interest rates for mortgages are lower than interest rates for nearly any other type of loan, you might save money by borrowing against your home instead of accessing other, more expensive credit products (like an auto loan or a personal loan).

Another disadvantage is that although the interest rate on a consolidation loan usually is less than other types of credit, the extended loan period results in more finance charges over the life of the loan.

While store credit cards may be easy to get, keep in mind the interest rates on clothing store credit cards and department store cards will be higher than other types of cards.

With rewards cards, the interest rate tends to be higher (15.30 percent) than with other types of cards (11.98 percent for low interest cards), according to CreditCards.com's weekly Credit Card Rate Reprate tends to be higher (15.30 percent) than with other types of cards (11.98 percent for low interest cards), according to CreditCards.com's weekly Credit Card Rate RepRate Report.

For carbon capture facilities near oilfields, the possibility of selling carbon dioxide for use in enhanced oil recovery — even at a lower credit rate — will likely yield higher returns than other types of carbon storage, making it an enticing option.

If they do, you will find that banks and credit unions usually offer this type of coverage at rates much lower than many other providers.

What differentiates an Indexed UL policy from other types of permanent life insurance used for cash accumulation is that the growth of the policy's cash value is based on the performance of an equity index (usually the S&P 500), excluding dividends, collared by a cap and a floor — rather than based on a flat crediting rate that is established by the insurance carrier and adjusted from time to time (a product referred to as «current assumption universal life»), based on a flat dividend rate that is established by the insurance carrier and adjusted from time to time (a product referred to as «whole life»), or based on the actual investment returns of specific equity investments (a product referred to as «variable universal life»).