Adjective
(used of loans) charging a relatively large percentage of the amount borrowed
Source: WordNetAccording to consulting firm McVay and Associates, interest paid on high-interest savings accounts (HISAs) has only increased by 0.13 of a point since the Bank of Canada started raising rates last summer. Source: Internet
Even if savers had an emergency, they would pay for it with a loan or put the expense on a high-interest credit card just to maintain their savings. Source: Internet
Hours before the deadline, she scraped together enough money to pay the fine from the sale of her sister’s cow and high-interest loans, leaving her deep in debt. Source: Internet
It would also be a major obstacle for Democrats seeking to reverse Trump-era deregulation, rein in credit reporting firms by establishing a government-run alternative, cap high-interest rate loans, or put new restrictions on leveraged buyouts. Source: Internet
All of the different science groups have such compelling, high-interest stories,” she said. Source: Internet
Defense lawyers appeared dismayed as their own witness continued to outline how he thinks Oswaldo Villalobos had a role in the high-interest operation. Source: Internet