Sentences with phrase «usually at a higher interest rate»

Buying a home from a landlord can be one solution, with the owner financing the loan, though usually at a higher interest rate than a traditional mortgage.

If the purchase balance is not paid in full within the interest - free period, interest will be charged on the outstanding amount, usually at a high interest rate.

Subprime mortgages are made to borrowers, usually at a higher interest rate, who do not meet traditional credit criteria or who have unconventional borrowing needs.

Not exact matches

a bond where no periodic interest payments are made; the investor purchases the bond at a discounted price and receives one payment at maturity that usually includes interest; they have higher price volatility than coupon bonds as a result of interest rate changes

This simply means that your exact interest rate depends on your account balance, with higher balances usually earning at a higher rate.

This is great for those who are looking to invest long term because the interest paid from peer to peer loans are usually taxed at your highest marginal tax rate if it isn't tax sheltered.

Secured home improvement loans are usually available at slightly lower interest rates, are usually meant for higher amounts, and can be repaid over a longer period of time.

Failure to pay them off during the introductory period means that balances remaining after the introductory period expires will accrue interest at a new and usually much higher rate.

Credit card use at ATM's will also usually result in a cash advance which in most cases come strapped with a higher interest rate.

But in many cases, this is deferred interest, meaning that if you don't pay off the entire balance by the end of the promotional period, you must pay the back interest, usually at a rate in the high 20s.

This high risk comes at a cost, usually in the form of a higher interest rate and a higher monthly payment.

Limits may be lower than traditional cards, and interest rates are usually at the high end.

Usually the car is at a high interest rate, is upside down (value is less than what is owed on the loan), and many times the car is a «lemon».

The advantage of buying brokered CDs is that these usually carry higher interest rates than those directly sold at banks because brokerages can pool investments before buying a certain bank's CD.

Where other banks require you to have tens of thousands of dollars on deposit to earn the highest interest rate offered (usually between $ 25,000 to $ 50,000), Mutual of Omaha Bank's interest rate kicks in at of balances of $ 1,500.

Typically used by self - employed people and small business owners, they are usually offered at higher interest rates and may include terms that restrict borrowers.

At the end of this honeymoon period, a higher interest rate usually applies.

The interest rate is usually fixed for the term of the deposit and is generally higher than a transaction account but not always higher than some other at - call high interest savings accounts.

In exchange for a one - time fee, they allow debts you're carrying at higher interest rates to be switched to them to be paid down at a 0 % APR for some length of time — usually between 15 to 24 months.

Any unsecured credit is usually at a higher rate than secured credit, however, you will only pay interest on the portion that is used.

If you don't pay off the debt during the introductory period, interest charges are charged retroactively, and usually at a high rate.

While you will continue to pay at least the minimum amount due on all your cards, every month, you will usually save money in the long run if you designate any funds you have left over to the card with the highest interest rate.

Credit card transfer deals usually revert to a high interest rate at the end of the honeymoon period.

This is usually strongly discouraged, but sometimes people are forced by situations to get a loan at very high - interest rates or are willing to wait for a long time to get a loan approval due to unforeseen circumstances.

With fiscal spending at an all time high, we can expect it to be a good while before we make sustained gains in the market (usually fiscal spending like this brings the economy out of recession, sparks inflation, then interest rate hikes and taxes, and then another recession before it's all worked out).

You'll typically pay interest on the entire amount you initially charged — retroactively — usually at a much higher rate than a typical credit card.

However, these loans aim at a short time period and usually carry extremely high rates of interest.

One payment strategy is looking at the debt with the highest interest rates (usually one of your credit cards) and taking care of it first.

These are usually at a higher rate of interest than a mortgage.

Second mortgages are usually issued at a higher interest rate and for a shorter term than the first mortgage.

You could also take out a smaller loan to cover the amount of the 20 percent down, although this usually comes at a higher interest rate.

When a lender agrees to credit closing costs, it is usually at the price of a slightly higher interest rate so the costs will be paid back by the borrower over the life of the loan.