repayment rate
Frequency: 6.17.3 per million words
the speed or frequency at which a loan is paid back
Categories:
Examples (10)
- The bank offers a flexible repayment rate for students.
- A higher repayment rate will reduce the total interest paid.
- We need to calculate the monthly repayment rate carefully.
- The microfinance program boasts an impressive repayment rate of 98%.
- If your income drops, you may be eligible for a lower repayment rate.
- They decided to increase their repayment rate to clear the debt sooner.
- The contract specifies a fixed repayment rate for the first five years.
- Economists are worried about the slowing repayment rate on mortgages.
- Please check the repayment rate applicable to your loan type.
- Is it possible to adjust the repayment rate during the loan term?