favored rate of credit

简明释义

优惠的贷款率

英英释义

例句

1.I negotiated a favored rate of credit with my credit card provider after being a loyal customer for years.

在作为忠实客户多年后，我与信用卡提供商谈判获得了一个优惠信用利率。

2.Due to my excellent credit score, I was eligible for a favored rate of credit on my mortgage.

由于我优秀的信用评分，我有资格获得房贷的优惠信用利率。

3.The bank offered me a favored rate of credit for my new business loan.

银行为我的新商业贷款提供了一个优惠信用利率。

4.Many customers are attracted to the favored rate of credit offered during promotional periods.

许多客户被促销期间提供的优惠信用利率所吸引。

5.The favored rate of credit can significantly reduce your monthly payments.

这个优惠信用利率可以显著减少你的月供。

作文

In the world of finance, understanding various terms is crucial for making informed decisions. One such term that often comes up in discussions about loans and credit is the favored rate of credit. This phrase refers to a preferential interest rate that is offered to certain borrowers based on their creditworthiness or relationship with a lender. Individuals or businesses with a strong credit history may qualify for this lower rate, which can significantly reduce the cost of borrowing. When applying for a loan, many people may not realize how much their credit score impacts the interest rates they receive. A high credit score indicates to lenders that the borrower is likely to repay the loan on time, which makes them eligible for the favored rate of credit. Conversely, those with lower credit scores may be offered higher interest rates, reflecting the increased risk to the lender. The benefits of securing a favored rate of credit are substantial. For instance, consider a scenario where two individuals are looking to take out a mortgage. One has a credit score of 800, while the other has a score of 650. If the lender offers a 3% interest rate to the first individual due to their excellent credit history, but charges the second individual 5%, the difference in monthly payments can be significant. Over the life of a 30-year mortgage, this could mean tens of thousands of dollars in additional interest paid. Moreover, having access to a favored rate of credit can also encourage responsible financial behavior. Borrowers who know they can secure lower rates are more likely to maintain their credit scores by paying bills on time and managing their debts wisely. This positive cycle not only benefits the individual but also contributes to the overall stability of the financial system. It's important to note that the favored rate of credit is not solely reserved for individuals. Businesses can also benefit from these preferential rates when they have a solid credit profile. A company with a long history of timely payments and good financial management can negotiate better terms with lenders, enabling them to invest in growth opportunities without the burden of excessive interest costs. However, qualifying for a favored rate of credit requires diligence and awareness of one’s financial standing. Regularly checking credit reports, understanding the factors that influence credit scores, and taking proactive steps to improve creditworthiness are essential practices. By doing so, borrowers can position themselves favorably when seeking loans. In conclusion, the favored rate of credit is an important concept in the realm of borrowing. It represents the benefits that come from maintaining a good credit score and managing financial responsibilities. Understanding this term and its implications can empower individuals and businesses alike to make smarter financial choices, ultimately leading to a healthier financial future. By striving for a favored rate of credit, borrowers can save money, invest wisely, and achieve their financial goals more effectively.

在金融世界中，理解各种术语对于做出明智的决策至关重要。一个经常出现在贷款和信用讨论中的术语是优惠信贷利率。这个短语指的是基于借款人的信用状况或与贷方的关系而提供的优惠利率。拥有良好信用历史的个人或企业可能有资格获得这种较低的利率，这可以显著降低借款成本。在申请贷款时，许多人可能没有意识到他们的信用评分对他们所获得的利率有多大影响。高信用评分向贷方表明，借款人很可能按时偿还贷款，这使他们有资格获得优惠信贷利率。相反，信用评分较低的人可能会被提供更高的利率，反映出对贷方的风险增加。获得优惠信贷利率的好处是显著的。例如，考虑一个情景，其中两个个人都希望申请抵押贷款。一个人的信用评分为800，而另一个人的信用评分为650。如果贷方因其优秀的信用历史向第一个人提供3%的利率，但向第二个人收取5%的利率，那么每月付款的差异可能是显著的。在30年的抵押贷款期间，这可能意味着支付额外的数万美元利息。此外，获得优惠信贷利率也可以鼓励负责任的财务行为。借款人知道他们可以获得较低的利率，更有可能通过按时支付账单和明智管理债务来维持他们的信用评分。这种积极的循环不仅有利于个人，还有助于整个金融系统的稳定。值得注意的是，优惠信贷利率并不仅仅是个人的专属。企业也可以在拥有良好信用档案时受益于这些优惠利率。拥有及时付款和良好财务管理长期历史的公司可以与贷方谈判更好的条款，使他们能够在没有过高利息负担的情况下投资于增长机会。然而，获得优惠信贷利率需要勤奋和对自己财务状况的了解。定期检查信用报告、了解影响信用评分的因素，并采取积极措施提高信用状况是必不可少的实践。通过这样做，借款人可以在寻求贷款时将自己置于有利位置。总之，优惠信贷利率是借贷领域中的一个重要概念。它代表了保持良好信用评分和管理财务责任所带来的好处。理解这个术语及其含义可以使个人和企业能够做出更明智的财务选择，最终导致更健康的财务未来。通过争取获得优惠信贷利率，借款人可以节省资金、明智投资，并更有效地实现他们的财务目标。