Sentence examples for introductory interest rate from inspiring English sources

Like many of the subprime loans that have landed in trouble, Alt-A loans often begin with a low introductory interest rate that later escalates.

BG A One immediate option would be to transfer your credit card debt to a new card provider with a six month introductory interest rate of 0%.

So his question was this: Will it hurt my score if I close an account shortly after the introductory interest rate expires, say, after a year or two?

At a recent news briefing in Washington, a Chicago man told about what happened when he charged a $12,000 home repair bill in 2000 on a card with an introductory interest rate of 4.25percentt.

The relatively low introductory interest rate is intended to ease capital troubles for recipients as they try to muddle through the credit crunch.

By contrast, others may have a longer 0percentt introductory interest rate window but higher fees.

Sub-prime mortgages had been sold with low, introductory interest rates.

Prices multiplied as many homeowners took on more property than they could afford, lured by low introductory interest rates that eventually reset higher, sending many people into foreclosure.

The regulations require lenders to determine if loans with low introductory interest rates and terms that allow borrowers to make minimum monthly payment are suitable for their intended borrowers.

Mortgage lenders sharply lowered their underwriting standards in 2005 and 2006, using low introductory interest rates to lure hundreds of thousands of people into borrowing more than they could afford.

Some would refinance into mortgages under the government's umbrella; others ought to have their loans modified, probably by freezing the introductory interest rates for a period of five years.