We totally understand this; Nobody likes to pay interest, and neither do we. This is an emotional hot button for any business person looking to finance equipment or obtain working capital. They think it’s like throwing money in the wind… or doesn’t it? Interest is the rate you pay for using someone else’s money to … Read more
Peer to peer (P2P) lending functions as an online virtual marketplace that connects lenders (people with savings) to borrowers who need money (in the form of personal loans). This fintech innovation is changing the way the credit marketplace works. By bypassing the bank completely, it enables faster lending and borrowing. Investors get better risk-adjusted returns … Read more
Federal Reserve Bank on November 1, 2005 [Fed] Raised interest rates by a quarter percentage point. Since the summer of 2004, outgoing Fed Chairman Alan Greenspan has been raising interest rates on a regular basis, reaching as low as 1% since then. Now at 4%, Greenspan is expected to raise rates twice before leaving office … Read more
A home loan is a security for the repayment of a loan, such as that spent on the purchase of a home, whereas a mortgage refers to a loan secured by real property. In other words it is a loan on a property which has been taken by the lender as security against the loan. … Read more
Education loan refinancing can seem complicated. However, it doesn’t have to be. Refinancing is another option to help you save money by consolidating various education loan balances into one new loan. The new education loan has a low rate of interest and low monthly payments to help you repay the loan amount without any hassle. … Read more
The best commercial truck financing means lower interest rates and lower monthly payments. Businesses that don’t make sure they get the best deal on their loans may have difficulty turning a profit if most of their revenue has to be spent on loan repayments. The way to avoid this scenario is to have a solid … Read more
There are many branches of Citibank in Singapore. It affords quite a lot of funding merchandise to the traders. a few of them are deposit insurance coverage scheme Singapore Dollar Fixed Deposit Scheme overseas forex deposits You can go to any Citibank department in Singapore to use for any product. Some of the Citibank branches … Read more
The letter NOI stands for Notice of Interest or is typically wrongly known as Memorandum of Contract or MOC. This is often a one-page doc that determines that the particular person submitting the doc for recording on the county clerk’s workplace has an equitable curiosity within the property due to the signed buy and sale … Read more
Some key tips regarding interest rates: It’s not the rate you need to know:When applying for a loan, never just ask about the “interest rate,” but always about the APR. APR includes fees and costs and is the actual cost for the loan (if quoted correctly) based on an annual percentage. Interest rate alone doesn’t … Read more
Are you struggling with high interest rates on your credit card debt? If so, you’re not alone. Many people find themselves in this situation and it can be difficult to get out of it. Fortunately, there are ways to negotiate lower interest rates on your credit card debt. Here are some tips to help you … Read more