Sentences with phrase «substantial interest savings»

Similarly, by consolidating high - interest credit cards into one lower - rate card, debtors can cut their monthly payments and benefit from substantial interest savings.

Not exact matches

The savings on interest alone due to the monthly schedule can be substantial.

If buying quality meat at substantial savings is as important to you as it is to me, you will be interested in what I have found.

In the current low - interest rate environment, this issuance provides an opportunity to refund higher - interest bonds and replace them with lower - cost debt, generating substantial future savings to the State of New York.

There is so much competition between lenders of bad credit personal loans rampant online that you can rack up substantial savings by getting your loan with an online lender, including less interest and longer payment terms.

If a combination of pensions, Social Security, and savings will provide ample income, it might be easier to manage mortgage payments in retirement and still receive a substantial tax - deduction for the interest paid.

This is useful if your U.S. Savings Bond interest is substantial.

For one, the starting interest rate for an ARM is often at least a percentage point lower than a fixed - rate mortgage, which can add up to substantial savings.

Regarding transaction fees, it's interesting to note that you won't face foreign transaction fees with this card — savings on such fees can be substantial if you travel a great deal throughout the year.

If the overall savings are greater and the difference in interest rates is substantial, then it would be more appropriate to explore mortgage refinancing further.

VA home loans can also offer you substantial savings on your monthly payments by not requiring private mortgage insurance (unlike FHA) and by having interest rates that are 0.5 % to 1 % lower than conventional mortgages.

If a borrower makes an extra annual payment, the savings on interest can be quite substantial.

Given that even small amounts can provide substantial growth if they compound over a long enough period of time, it should be readily apparent from these examples that time is of the essence when it comes to maximizing the impact of compound interest on your savings.

Once again, since equity doesn't show up on your credit report or require monthly payments, the savings in interest alone could be substantial.

Doing this in the correct order can create substantial savings - using this technique, one man's annual interest was cut from # 1,400 to # 400 a year.

Forcing yourself to pay off the mortgage in fewer years translates into lower interest costs and substantial savings.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

Getting a great interest rate for your savings account can have a substantial impact on your financial future.

The interest savings might be enough to pay most — if not all — of a monthly car payment or give you a substantial advantage when it comes to saving for a mortgage or retirement.

Even though the percentage points may only be slightly lower, the savings in interest over the life of a fifteen to thirty year mortgage is substantial.

This rate of return is substantial when comparing to the return on traditional savings channels, such as high - interest savings accounts and CDs.

The combination of a negative consumer savings rate, high consumer debt, and likely interest rate hikes could lead to a substantial drop in the U.S. stock market, he said, but the Federal Reserve Board would most likely soften the blow.

And if you itemize on your tax return, the mortgage interest deduction can result in substantial tax savings that certainly affect your decision to purchase that home vs the alternative of renting.

«We believe this new product could allow hosts to capture substantial interest cost savings relative to a traditional mortgage.»

By choosing a lower fixed rate period, you can realize a substantial savings in interest over the life of the loan.

The result for the borrower is a substantial savings in interest.