Sentences with phrase «to result in higher interest rates»

On the other hand, the summer is typically an active time for home purchases, so lenders can afford to increase the spread, which results in higher interest rates.

This longer repayment period comes with lower monthly payments, but a longer repayment period usually results in higher interest rates and increases total costs over the life of the loan.

Such conditions are accompanied by higher inflation, which often results in higher interest rates.

Poor credit results in higher interest rates, as well as other costs.

These types of mortgages are beneficial in the short term but likely result in higher interest rates.

A lesser down payment will typically result in higher interest rates, whereas a higher down payment will typically get you a preferable rate.

A credit score above 700 is considered good while any score below 600 would be considered poor resulting in higher interest rates.

The unsecured nature of these loans results in a higher interest rate than some secured loans.

A poor credit rating can result in a higher interest rate mortgage.

This has resulted in higher interest rates for individuals with existing credit cards, and historically high initial interest rate offers for new credit cards.

A poor credit score will result in a higher interest rate leading to thousands of extra dollars in interest expense over the life of a loan.

A score at the lower end will result in higher interest rates from lenders and possibly even outright denial of various credit lines such as mortgages and car loans.

Higher inflation can also results in higher interest rates which will result in higher mortgage costs, so paying down the mortgage now means that much less interest to pay should rates rise.

That will result in high interest rate charges that could well add up to more than the original cost of the furniture, if it takes you a while to pay off the balance.

But, this probably would result in a higher interest rate at a commercial loan rather than a residential loan interest rate.

Naturally, a lower credit score will make it more difficult to borrow, and result in higher interest rates on any new credit that you do obtain.

That usually results in higher interest rates, which are more expensive in the long run.

Loans can be obtained without the use of collateral but they often result in higher interest rates and stringent terms for the borrower.

Profile # 2: Consumer with 621 to 699 Credit Score, Home Value of $ 198,000 and 10 % Down Payment Lowering the credit score in the second profile resulted in higher interest rates and APRs.

«Generally, high CAD results in higher interest rates and low CAD results in lower interest rates.

However, being considered an at - risk consumer will unquestionably result in higher interest rates than if you had good or excellent credit.

Your co-signer is accepting complete liability of your loan; as a result, until you pay off the debt, it will limit his or her borrowing potential and will probably result in higher interest rates on other loans and purchases made on credit.

Because his lower FICO score resulted in a higher interest rate.

Although minor at first, credit checks can incrementally result in higher interest rates or denial of future loans

Carrying a monthly balance results in high interest rates and late payment fees if they're not paid on time.

Thus resulting in higher interest rates.

Filing a proposal may affect your approval with a new lender and may result in a higher interest rate if you try to refinance.

Consolidating federal student loans does not require a credit check or a cosigner, but it may result in a higher interest rate overall than keeping the loans separate.

Too many inquiries could lower your credit score and result in higher interest rates when you borrow, which can translate into paying more over the life of the loan.

Profile # 2: Consumer with 621 to 699 Credit Score, Home Value of $ 198,000 and 10 % Down Payment Lowering the credit score in the second profile resulted in higher interest rates and APRs.

Having a score lower than a lender's top cutoff doesn't necessarily bar you from obtaining credit, but it will likely result in higher interest rates.

A poor credit history or low credit score makes you a high - risk borrower and typically result in higher interest rates, whereas additional history and an increased score could potentially result in a refinance with a lower rate.

Keeping up with your credit is important, since a poor credit report can result in higher interest rates on loans, and can even lead to you paying more for different financial products and services, including paying higher insurance premiums.

Taking out a cash advance using a credit card will usually result in a higher interest rate being charged to the transaction.

They typically carry more credit risk than those issued by Fannie Mae or Freddie Mac, which often results in higher interest rates.

Taking credits results in higher interest rates, although Better's rates are still competitive in relation to traditional lenders.

However, APR as a value does not take into account the effect of compounding interest, which results in higher interest rates that vary according to the particular compounding schedule of a given loan.

Taking on wedding - related debt could damage your credit score — and result in a higher interest rate on that mortgage, he said.

The situation can quickly spiral out of control, resulting in higher interest rates and runaway inflation.

Also, keep in mind that a lower credit score might result in higher interest rates.

Although the Fed's QE tapering plans could result in higher interest rates, this would make capital raising via equity sales more attractive relative to bond deals, Bon says.

For instance, reducing the down payment from a typical 20 % to 10 % resulted in higher interest rates and the addition of mortgage insurance premiums to the monthly payment.

They find that the higher the percentage of public employee who are unionized, the greater risk investors see of the state defaulting on its bonds, resulting in higher interest rates

If this happens more than once it may result in higher interest rates, a lesser ability to obtain credit and additional fees and penalty charges added to your credit card balance.

As for another crash... Well, there's no reason to expect a crash would result in high interest rates, more the opposite, but you should consider what you would or could do if interest rates did jump to 15 % for whatever reason.

New regulations that clarify billing practices for credit card consumers may result in higher interest rates, according to the Globe and Mail.

An error on your credit report could cause your credit score to lose valuable points, resulting in higher interest rates or a denial for credit.

Outside of the Consumer Financial Protection Bureau in Washington D.C.Navient, the nation's largest servicer of federal and private student loans, was charged by the Consumer Financial Protection Bureau with cheating borrowers out of billions of dollars by creating obstacles to paying back loans, resulting in higher interest rates and balances.According to CFPB, Navient, the former -LSB-...]