Sentence examples for average repayment period from inspiring English sources

The phrase "average repayment period" is correct and usable in written English.
It can be used in financial contexts to refer to the typical duration it takes to repay a loan or debt.
Example: "The average repayment period for student loans in the United States is approximately ten years."
Alternatives: "typical repayment duration" or "mean repayment time.".

Exact(3)

The average repayment period is about ten months.

Wonga provided 2.46m short-term loans during the year, with the average advance being £255 and an average repayment period of 16 days.

Although the average repayment period for student loans is 10 years, it can take grads decades more to pay back four years of tuition.

Similar(57)

The average loan is £28,500 and the repayment period is seven years for one-year programmes and 10  for those lasting two years.

Detroit kept the cars moving by stretching the repayment period on auto loans from an average 35 months back then to 56 months by the late 1980s.

Consolidation: Combining several loans into a single loan at a weighted average interest rate to reduce the monthly payment amount and/or increase the repayment period.

But for the roughly two-thirds of students who graduate college with loans, which are projected to average $28,700 this year, earning $10 a month in rewards will shave just five months off their repayment period.

Parents have an average of $34,000 in student loans and that figure rises to about $50,000 over a standard 10-year loan repayment period.

The repayment period for the loan is short four years after graduation, with the first instalment due within six months, on average, of leaving university.

(b)Repayment period.

If a student borrowed the average subsidized Stafford loan ($3,357) at 6.8 percent for the next school year, the higher interest rate would boost the borrower's debt burden by $761 over a 10-year repayment period.

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