Sentence examples for short-term borrowers from inspiring English sources

The regulator recommended that the government should take steps to help short-term borrowers to make better borrowing decisions.

If the ECB sets the euro short-term interest rate at 4%, that will mean higher rates for short-term borrowers in Germany and France, where three-month borrowing now costs about 3.5%.

The true cost of lending to short-term borrowers is less than 2% of the amount charged by Wonga, the most expensive and highest profile payday lender.

The group allows long-term borrowers to repay at a 1% interest rate over 36 months, while short-term borrowers are required to pay off the debt in a month at a 10% interest rate.

Wonga loans are made at a "representative" annual percentage rate of 4,214%, though the company argues this measure – which customers must be informed of by law – is unhelpful for short-term borrowers and exaggerates the cost of credit.

(These accounts are so named because banks often use them to make loans in the "money market," which caters to short-term borrowers).

Although advertised as short-term borrowing, costs very quickly add up if a borrower extends a loan or misses a payment.

Without these short-term loans, borrowers would be forced to go to loan sharks or take other risky or dangerous steps to cover emergency expenses, industry officials argue.

Without these short-term loans, borrowers would go to loan sharks or take other risky or dangerous steps to cover emergency expenses, industry officials argue.

Payday lenders offer short-term loans to borrowers, typically up to a maximum of £1,000.

Such finance is attractive in that it provides short-term loans to borrowers, and thus does not tie up the bank's capital for long.