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Discover LudwigThe phrase "frozen interest" is correct and usable in written English.
It can be used in financial contexts to describe a situation where interest rates or payments are temporarily halted or fixed. Example: "Due to the economic downturn, the bank has decided to implement a policy of frozen interest on all existing loans for the next six months."
Exact(3)
Tell me Mrs Clinton, how would you have frozen interest rates like you say?9 11 : So, Mr Obama, the purpose of the tax system is to provide a sense of "fairness" even if it lowers revenue?9 09 : That flash to footage of John McCain makes me think that either Hillary or Barack will clobber him in the general debates.
Creditors may not accept the proposal for reduced payments or frozen interest and are still free to take legal proceeding against their debtors whether a debt management plan is in place or not.
The mannequin hair, sleek and heavy-falling, and lipsticked smiles that meet every parade and homicide with the same frozen interest, are par for the course on television news.
Similar(51)
Also freeze interest rates (see here for why this is a bad idea).
We contact banks who will sometimes freeze interest and charges if they see someone's situation is very bad.
The Senate bill does not cap or freeze interest rates, as some advocates have said is warranted.
He wrote about details of the plan, demands by senators that foreclosures be delayed, and an agreement to freeze interest rates on some subprime mortgages.
President Bush announced a voluntary agreement two weeks ago with mortgage servicing companies and institutional investors to freeze interest rates for some subprime borrowers.
The new plan follows a program announced in December by the Bush administration that would freeze interest rates on certain subprime loans.
The Bush administration's Hope Now program offers to freeze interest rates for certain borrowers whose subprime mortgages were about to jump to much higher rates.
"Following the feedback from our graduate account holders, both directly and through the NUS, we have taken the decision to freeze interest charging on 2007 graduates' overdrafts up to £1,500, and refund any interest charged in August," said Mr Ripley.
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