Sentence examples for Incurs interest from inspiring English sources

Any resulting balance must be paid within 10 working days after the specific dues are known, otherwise it incurs interest.

It states: "Failure to pay a £200 debt in 12 months incurs an interest charge of £60.69, and the new balance of £260.69 then incurs interest at a typical rate of 34.9% until repaid".

The Department for Business, Innovation and Skills – which is running the consultation – says: "We know that some students, whose religious beliefs forbid the taking out of a loan that incurs interest, may be unable to take advantage of student loans because of this change.

With a carry trade, an investor borrows and incurs interest costs at one rate and then applies that money which was cheaper to borrow and uses it to buy something that has higher interest rate.

I do not want to pay on credit, which incurs interest costs and passes the costs on to my children and grandchildren.

For example, if a late payment incurs interest at the rate of 8% and a one-time late charge of $35, you should describe this remedy.

First, as these are borrowed funds, they are already incurring interest charges.

Mr. Norton said A.I.G. had incurred interest and fees of about $331 million so far.

Of that, almost $16,000 is credit card debt, of which more than $5,700 is incurring interest charges of 25percentt.

This often resulted in people repeatedly incurring interest and charges, meaning that each month their financial difficulties deepened.

This article was amended on 23 September to correct an erroneous statement that Acumen doesn't incur interest or otherwise profit financially from its deals.