Sentence examples for interest rate charges from inspiring English sources

Spreads are the differences between interest rate charges overnight and those charged over a longer period.

Debit cards withdraw money directly from a bank account, avoiding the risk of interest rate charges that comes with credit card purchases.

In both the Senate and the House, bills have been introduced to eliminate some of the worst of the fee practices, as well as the ability of credit card issuers to, for instance, impose retroactive interest rate charges.

The City regulator forced Wonga, the biggest and highest-profile of the online loan firms that charge exorbitant rates of interest, to write off £220m of debts and interest rate charges to 375,000 customers.

The bank has indicated that it will more than halve interest rate charges ("… instant loans will be available at a maximum of 2% per month compared with the 7.5% per month offered in the market"), which could facilitate micro-lending.

It proposed a three-page version containing more than 100 pieces of information, including the interest rate, charges for various services and whether features like prepayment penalties or balloon payments were part of the deal.

On the other hand, the numbers would decline sharply with reductions in the interest rate charged.

But while the interest rate charged on the first mortgage is still 8.875 percent, the interest rate charged on the second mortgage -- in essence, a home equity loan -- is 12.875percentt.

Incredible as it might sound, the 0.75 percent interest rate charged by the Fed is indeed a penalty.

It also left unchanged, at 6percentt, its discount rate -- the interest rate charged on loans to banks from the Federal Reserve system.

Alongside higher fees, the current zero per cent interest rate charged on student loans would need to be raised to a more "sensible" rate, he added.