The phrase
"factor rate" refers to a fixed cost that a lender charges when you borrow money. It is a predetermined amount that is multiplied by the amount of money you borrow to determine the total repayment amount.
Full definition
Similar and related words and phrases are presented below.
«factor»
«rate»
Related phrases
Sentences with «factor rate»
- The top three associated factors rated by risk were brake problems, tire problems and cargo shift. (injuryjusticelawfirm.com)
- The one thing though that did keep me from giving this a higher fun factor rating was the lack of a main mode. (darkstation.com)
- Best factor rates available to merchants with excellent credit and financial strength. (credibly.com)
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sentences)