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Other fiscal watchdogs have also criticized the arrangement, saying it is bad fiscal practice and expensive to borrow to pay current operating expenses, let alone 25-year-old operating expenses.
It was getting more expensive to borrow money.
Ratings cuts make it more expensive to borrow money.
"Then the money you need will be more expensive to borrow".
All would have found it hard, or at any rate expensive, to borrow in 2002.
Higher rates threaten corporate profits by making it more expensive to borrow money.
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Avoid payday loans These short-term loans are an extremely expensive way to borrow.
But Republicans argued that the bonding plan is an exceedingly expensive way to borrow.
Payday lending is practically the most expensive way to borrow, but unscrupulous lenders have persuaded lots of people to take short-term loans by focusing on the convenience - and not mentioning the high cost.
However, these improvements in the way that payday loans are regulated must not dilute the core message that payday lending remains an extremely expensive way to borrow," she said.
Cash withdrawals – from an ATM or using a credit card cheque – tend to be the most expensive way to borrow; as well as a high interest rate there is often a fee of at least 1.5% of the amount you take out.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com