faster repayment

USAGE SUMMARY

The phrase "faster repayment" is correct and usable in written English.
It can be used when discussing the speed at which a loan or debt is paid back. Example: "The new payment plan offers faster repayment options for borrowers looking to reduce their debt quickly."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

In a nation where the top 12percentt of tax filers pay 57percentt of the tax revenue, the Canadian Alliance platform calls instead for a 17percentt flat federal tax and faster repayment of the federal debt.

The New York Times

Vivendi bought itself some breathing room with a recent agreement with the banks to delete a clause from most of the debt covenants that would require faster repayment if Vivendi's credit rating fell.

The New York Times

Further delay could have led debt holders to demand faster repayment.

Los Angeles Times

Collectively, the findings describing the EFL off-transient O2 kinetics reflect a more rapid replenishment of blood O2 stores (fundamental component) and a faster repayment of O2 tissue debt (slow component), both of which could result from the greater O2 deficit during EFL exercise as opposed to control exercise.

European Journal of Applied Physiology

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

That would prepay the debt for those whose incomes can better support a faster loan repayment.

Huffington Post

The laws also require faster bond repayment, and a cap on the maximum amount of bond money paid: a maximum of one month's rent.

Vice

In July 2010, Lewis announced a new financial package had been arranged with Barclays Corporate to fast-track repayments of debts of more than £60m which were part of the building of the Millennium Stadium.

BBC

In truth, by the 1820s the interest on his debt was compounding at a faster rate than any repayment schedule could meet.

Encyclopedia Britannica

For any emergency lending that the Fed does make, interest rates must be set high enough to encourage repayment as fast as possible.

Los Angeles Times

Either way, repayments are rising faster than borrowing, leaving the latest "net" lending figure (for the first quarter of 2014) down.

BBC

Repayment day resulted in my "faster" payment being returned.

The Guardian - Money

Expert writing Tips

Best practice

When discussing financial planning or debt management, use "faster repayment" to highlight strategies that prioritize accelerating debt reduction, offering readers clear and actionable advice.

Common error

Avoid using "faster repayment" in situations where the context doesn't clearly define the baseline or standard repayment speed. Always provide context to illustrate why the repayment is considered faster compared to a typical scenario.

Linguistic Context

The phrase "faster repayment" functions as a noun phrase, specifically describing the speed at which a debt or loan is paid back. It is often used to modify other nouns, such as "options" or "schedule", as demonstrated by Ludwig AI's examples.

Expression frequency: Rare

Frequent in

News & Media

70%

Science

15%

Formal & Business

10%

Less common in

Encyclopedias

2%

Wiki

2%

Reference

1%

Ludwig's WRAP-UP

In summary, "faster repayment" is a grammatically correct phrase used to describe an accelerated approach to paying off debts. Ludwig AI confirms its usability in various contexts, particularly in news, media, and scientific publications. While relatively rare in occurrence, the phrase serves a clear purpose in financial discussions, emphasizing the benefits of quickly reducing debt. Consider strategies for achieving "accelerated debt repayment" when managing your finances to minimize interest costs and achieve financial freedom sooner.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

accelerated debt repayment

Emphasizes the speed and intensity of the debt repayment process.

quicker repayment schedule

Focuses on the timetable for paying back the debt, highlighting its brevity.

speedier debt clearance

Highlights the promptness of eliminating the debt.

rapid amortization

Suggests a quick and efficient process of paying off a debt over time.

expedited loan payoff

Focuses on speeding up the process of fully paying off a loan.

swift debt reduction

Highlights the swiftness and effectiveness of lowering the debt amount.

prompt settlement of debt

Focuses on resolving the debt issue without delay.

early debt retirement

Suggests paying off the debt before the originally scheduled date.

compressed repayment timeline

Highlights the shortened period for completing repayments.

abbreviated payback period

Emphasizes the reduced time frame for paying back the loan or debt.

FAQs

How can I use "faster repayment" in a sentence?

You can use "faster repayment" to describe a financial strategy, such as "The new payment plan offers "faster repayment" options for borrowers."

What are some strategies for achieving "faster repayment" of loans?

Strategies for "faster repayment" include making extra payments, refinancing at a lower interest rate, or using balance transfer options for credit card debt.

What are the benefits of opting for "faster repayment" plans?

Opting for "faster repayment" plans can save you money on interest over the life of the loan and help you become debt-free sooner.

Which is better, "faster repayment" or lower monthly payments?

Choosing between "faster repayment" and lower monthly payments depends on your financial goals; faster repayment saves on interest, while lower payments ease monthly budgeting.