I looked at the math too, but figured any extra money
with regard to interest rate, was justified by considering the extra money spent as education expenses.
The debt snowball technique advises people to list their debts according to the outstanding balances and pay them off from the lowest balance to the highest balance
without regard to interest rates.
It is not so much a matter of credit financing
with regards to interest rates but more a matter of credit utilization and their overall credit to debt ratio.
However, the study also found that many consumers are averse to this method and psychologically prefer the quick victory of paying off the smaller debt, even though ordering debts this way,
without regard to interest rate, can be more expensive and keep consumers in debt longer.
On Wednesday we were expecting what Janet Yellen would come up with
in regards to interest rates and that created nervousness among investors.
That debate takes place internally at the central bank, where contrasting views are regularly articulated by members of the Federal Open Market Committee (FOMC) as our Federal Reserve (Fed) policymakers attempt to steer monetary policy
with regard to interest rates.
By having a co-signer with a stellar credit history it may be possible to obtain better terms with
regards to interest rate and payment schedule.
This has a number of implications but in
regards to interest rates he writes:
Special offers are made to existing customers with
regards to interest rates and other charges
If you are looking at short term exits to refinance or sell (say 3 - 5 years), what type of assumptions are you making with
regards to interest rates and a possible increase in cap rates?