Unlike the fixed interest associated with savings accounts, credit card interest is variable and can change--mostly higher--at any time.
Second, interest rates were variable, which is fine in a low interest rate environment, but which could be very destabilizing for a company when interest rate spiraled upward, as they did in the 1970s.
According to its website, ANZ Bank's variable interest rates range between 5.7% per annum and 6.4%.
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Private student loans often carry uncapped, variable interest rates and aren't required to include flexible repayment options.
Meanwhile, even with a cosigner on the documents, the lender offered a variable interest rate that is currently at 7.65%.
One of the items regulators have been looking is a controversial Chinese corporate structure, Variable Interest Entity (VIE).
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At this writing, the variable interest rate on the Citi Secured Card hovers at just above 18 percent.
Not only have home prices and mortgage debt surged relative to incomes, but most mortgages are at variable interest rates.
Worryingly, part of this new borrowing has been at variable interest rates, which makes it susceptible to tighter credit conditions.
The bonds carry a variable interest rate that tracks six-month Euribor rates with an average additional margin of 263 basis points.
This is mainly because personal borrowing in Britain is mostly at variable interest rates, whereas on the continent it is largely at fixed rates.
But in many countries the personal sector has more assets than debts at variable interest rates, so it is a net winner when rates rise.
When shopping for new credit, you might come across credit card deals offering variable interest rates that are lower than the fixed rates offered on other credit cards.
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The Fed also allows the big banks to use the devices that Enron used to keep its skullduggery from the public view Special Purpose Vehicles (SPVs) with a new label, Variable Interest Entities (VIEs).
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According to some estimates, nearly 90% of loans in the country have a variable interest rate, which means that any rise in the cost of borrowing will impact majority of South Korean households.
And because most British mortgages are at variable interest rates, or are fixed for only a few years, sharp cuts in rates in Britain eased the burden on debtors more than rate cuts did in America, where many more mortgages are at fixed rates.
If you look at the data, about 49 percent of homeowners have one measure of vulnerability: high debt payments, high levels of variable interest rate debt, a very high leverage, they own very little of ground homes or they own very little outside of their homes.
Delinquency rates on variable-interest-rate loans to subprime borrowers, which account for a bit less than 10 percent of all mortgages outstanding, have climbed sharply in recent months.
Depressive symptoms stand out as particularly strong predictors of youth violence and aggression, and therefore current levels of depression may be a key variable of interest in the prevention of serious aggression in youth.
Mortgages can come with fixed, variable and adjustable interest rates, and typically offer longer terms of repayment than home equity loans.
The Bank of England's figures show that as of last November, the average credit card interest rate was 15.89%, while the average interest rate for a standard variable rate mortgage was just 3.98%.
That proportion has been climbing sharply in recent years, however, because short-term interest rates (and thus variable-rate mortgages, which follow them) have been so much lower than long-term rates (on which fixed-rate mortgages are based).
The promise was clear: if you simply start measuring and tracking everything, from minutely segmented sales and resource usage metrics to every conceivable macroeconomic variable of remote interest, we will be able to identify all manner of relationships, correlations and insights, the net result of which will be the capacity to much more effectively and efficiently allocate resources to take advantage of opportunity and drive results.
Asher cautions against taking out private loans, however, which usually have variable rates, and interest begins accumulating right away.
It is a founding member of ERIS, which has developed a futures contract that mimics a variable Libor-based interest rate swap.
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The Schumer Box clearly tells you that the interest rate on purchases is 7%, variable (asterisk).
Another issue: more than half of Shurgard's debt is variable-rate, meaning rising interest rates could hurt its profitability, according to Litt.
As in Ireland, the interest rates on most of these mortgages are variable, linked to the rates on offer to banks in short-term money markets.
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With the majority of CDOs being backed by mortgages, the principal-only tranche has a known future cash flow, but at a variable rate of return, while the interest-only tranche has both an unknown cash flow and an unknown rate of return on that cash flow.
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