There’s something strange in the neighborhood. Who ya gonna call? Credit busters! The reality is that banks and credit card companies have suddenly taken to increasing interest rates and reducing the credit limits on existing lending facilities. According to the figures, nearly half the US banks reduced the limits on credit cards in the last [...]
You have probably heard it countless times in the news or articles about things like loan rates, interest rates, borrowings, the Reserve System and other similar things that don’t tell anything particular if you’re not an economist. And what’s all the deal with interest and loan rates. And more importantly, what does it have to [...]
Came into force on 1 March, the new provisions of the Bank of Italy that require credit institutions to provide clear text and the list of all offers in order to offer their customers a useful tool for a real comparison between the products. The changes were made in both new customers and customers who [...]
What is a variable rate mortgage? A variable rate mortgage is a type of financing that is based on an interest rate not fixed but varies according to the parameters of financial and currency market. This interest rate is subject to enormous variations in the basis of these parameters and does not ensure economic stability [...]
In the event that two spouses are married in the regime of community of property is necessary to consider the consequences that may happen in the event of serious financial problems, debt with banks and with the tax. In particular, the spouses must be made aware of both the legal responsibilities and ethical ones that [...]
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