Reloading

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Reloading

The act or practice of borrowing money in order to pay off some other debt. Depending on the type of reload loan, this may be advantageous to the borrower as he/she may pay a lower interest rate and the interest may be tax-deductible. For example, credit card debt has a high interest rate and is not tax-deductible. Someone with a large amount of credit card debt may take out a home equity loan in order to pay off the credit card. In the long run, the borrower will pay less because home equity loans come with a lower interest rate and he/she may write off the interest. While they may be advantageous, it is possible to reload too much or too often, resulting in a greater amount of debt.
References in periodicals archive ?
The embedded NFC (near field communication) feature of the kiosk will also allow phone-swipe reloads on devices equipped with an RFID (radio frequency identification) sticker.
M2 PHARMA-February 1, 2011-Covidien launches Endo GIA curved tip and black reloads in USA(C)2011 M2 COMMUNICATIONS
An enlarged buffer zone drawn up by city planners around the proposed Odena Reload Centre Inc.
Normally a pre-club event at Cafe Europa, opposite Cardiff Castle, the Reload crew have taken the plunge and gone for a full night time session, and just to make it a little bit special they have managed to book Queen Street's finest busker Toy Mic Trevor.
The prefeeding system has its own dedicated hydraulics, allowing the reload sequence to occur during the regular molding cycle.
However, you have to reload, you best learn to do it right.
The two companies launched a new innovation that lets commuters reload their beep cards online.
Because components and measuring instruments change through the years it also makes sense to have the latest information at hand when we set about to reload. Having a wealth of technical information near your bench allows you to compare the dope on various cartridges in the different books because everyone's testing conditions are not the same.
Finance Minister Lim Guan Eng today ordered the exemption of all prepaid mobile reload cards from the 6 per cent service tax.
Global Banking News-May 22, 2018--India's ICICI Bank to allow customers to instantly reload travel card
Do a reload (speed or retention, your choice), re-engage the second target with two rounds and return to the first with another two rounds.
The update with the channel number 56.0.2924.76 brings two major changes - webpages will reload 28 percent faster while consuming less bandwidth and power and the browser will now clearly mark shopping sites that might endanger your credit card data or passwords using out-of-date security protocols.