Sentences with phrase «than the interest charged»

You need to always pay at least a little more than the interest charged for financing.

Reduced Interest Rates: Mortgage rates are generally lower than the interest charged in other types of loans.

The interest rate charged for bad credit mortgages is usually higher than the interest charged on normal loans.

Obviously, your payment will need to be higher than the interest charged on your debt each month.

It's likely that the return on any investment is going to be lower than the interest charges on your debt.

It is normal for a home equity loan to charge a little more than the interest charged on a first mortgage, for example, 4 %.

If paying by credit card, check if the insurer or provider charges a fee for doing so — though the fee is usually less than the interest charged on monthly instalments.

The interest paid on savings is usually far less than interest charged on borrowing, so paying off debts with any savings is a serious boon.

Though this is significantly more than the no interest charge on the Spark ® Extended Terms Card, it is vital to remember two things.

You can dedicate a larger portion of your monthly payments to principal rather than interest charges.

You can dedicate a larger portion of your monthly payments to principal rather than interest charges.

Not exact matches

Alternative lenders tend to charge much higher interest rates than banks do — sometimes on the order of 50 percent annual percentage rates or more.

On the downside, these lenders may have higher interest rates and more onerous repayment terms than traditional financial institutions charge.

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

One drawback: they have to have enough cash flow, or they must have access to credit lines that cost less than the 10 % interest that building owners typically charge.

The lobbyist added that several major firms were more interested in making deals with the Trump administration that could affect their bottom lines, such as tax repatriation, than getting caught in politically charged fights over government surveillance.

Over the long term, if you maintain a balance on a store credit card, for example, the fees and interest charges are often much higher than a major credit card.

Then, when the bill comes and you've charged more than you can afford to pay off, you're paying interest on money you've already spent.

Kaner sold to Algo in 1987, but the two Polish brothers in charge were more interested in the manufacturing side of business than retail, and the brand continued bleeding money.

He has a point: The typical credit card charges more than 16 percent interest, so not paying off your balance in full each month could cost you.

There are a few hundred microlenders throughout the United States and while they often charge slightly higher interest rates for loans than banks, they've helped 250,000 - 300,000 small businesses each year and lent more than $ 2 billion nationwide during the past 10 years, according to the Association for Enterprise Opportunity (AEO), the trade association for microlenders.

The annual interest rates charged by microlenders tend to be slightly higher than those charged by banks.

Interest rates are generally a little higher than what a bank will charge, but it's much less than what you'll have to pay on many credit cards.

Under this final rule, beginning on June 9, 2017, advisers will be subject to the prohibited transaction rules and will generally be required to (1) make recommendations that are in their client's best interest (i.e., IRA recommendations that are prudent and loyal), (2) avoid misleading statements, and (3) charge no more than reasonable compensation for their services.

If you just stick to the minimum payment each month, you could easily end up paying more in interest than you charged in the first place.

Among other conditions, the new exemptions and amendments to previously granted exemptions are generally conditioned on adherence to certain Impartial Conduct Standards: Start Printed Page 16903Providing advice in retirement investors» best interest; charging no more than reasonable compensation; and avoiding misleading statements (Impartial Conduct Standards).

Borrowers should keep in mind that lower interest rates at the beginning of a loan result in more actual savings than lower interest rates towards the end of a loan since the principal is lower as time goes by (interest charged is a percentage of the current loan balance).

Expect annual interest rates in the range of 10 % to 80 %, which is 2 to 10 times higher than what banks customarily charge.

If you have less - than - stellar credit, a personal loan might be a better option, especially if you can find a fixed - rate offer with a lower interest rate than what your credit card charges you.

Research shows high dealer markups often disproportionately affect nonwhite people — in other words, car dealers charge black and Latino buyers higher interest markups than they do white buyers.

With interest rates lower than projected in the March 2012 Budget, public debt charges are correspondingly lower.

Thereafter, the downward adjustments to budgetary revenues more than offset the downward adjustments to total expenses, the latter primarily due to the lower outlook for interest rates on public debt charges.

You also end up paying $ 5,717 in interest charges, more than the original balance.

Public debt charges, given the current lower outlook for interest rates, could come in lower than expected as well.

Because the interest and other fees charged on any outstanding balance are greater than the cash value of the Rewards Points, you may pay more in fees and interest than the value of the Rewards Points you earn if you do not pay your bill in full each month.

Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $ 4.5 million, that he raised from September 2011 to September 2012 by promising investors «absurdly high» interest rates, U.S. Attorney Preet Bharara in Manhattan said.

The interest rate charged for factoring arrangements is typically higher than the normal course of customer accounts receivable amounts.

Because your return on investment outpaces your student loan interest charges, it could make more sense to invest than pay off your debt ahead of schedule.

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]

The net impact of the slightly more positive economic forecast is to lower the deficit by $ 0.9 billion in 2010 - 11 from their November 2010 Update, primarily due to the impact of lower - than - forecast interest rates on public debt charges.

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).

Minimum interest charge: If you are charged interest, the charge will be no less than $.50.

While online lenders generally charge higher interest rates than banks, they have comparatively lax eligibility requirements and streamlined application processes.

«Business checking accounts are at the bottom of the banking totem pole, charging 127 % more than personal online checking accounts, offering 45 % fewer features and returning 73 % less when in interest,» WalletHub reports.

You might end up paying more in interest charges over the repayment term, but you can still pay off your loans in just 10 years, rather than 20 or 25.

The unit's return on assets, at 6.7 percent, is some seven times better than its owner's 0.9 percent, a sign of both OneMain's lower costs and the higher interest rates it charges customers.

You can't charge a less than zero interest rate on gold; it doesn't work that way.

In other English - speaking countries, interest rates that intermediaries currently charge businesses are generally higher than at their previous cyclical low point for the decade.

a) investing their own money alongside you, so your interests are aligned b) a stake in the company they work at i.e. it is a partnership or employee - owned c) a proven ability to outperform an index over the long - term (at least 10 years) d) reasonable charges — preferably no more than a 1 % management fee and no performance fee e) a concentrated, high conviction portfolio i.e. they do not just hug their benchmark f) a low - asset - turnover ratio i.e. they have a long - term investment horizon and rarely sell investments g) a proven ability to preserve capital during the bad times h) a stable team who have worked together for a number of years.

That means this assistance could be worth much more than the dollar value — extra payments shorten the repayment period and help to avoid thousands of dollars in interest charges.