Mortgage monthly payment loans continue to be a popular source of secured funding owing to their reduced lending rates. At the same time, loan defaults are on the rise as well. The TransUnion CIBIL reported the percentage of loan against property overdue for over 90 days to be 3.96% as of August 2020. This included…
A loan against property is a secured credit option extended by reputed housing finance companies or NBFCs against a residential or commercial property. Since these loans require borrowers to pledge collateral, they are usually offered at a lower interest rate than unsecured options and are disbursed faster. Whether they are salaried or self-employed in a…
With the evolution of human beings over thousands of years, from the stone age to the digital era that we are in right now, we can most certainly state that we have come a long way. Human beings evolve, the technology associated with them also evolves, and so do the financial models over hundreds of…
Money can make your life easier and luxurious but on the other hand, lack of it can make it stressful as well. It is a source of comfort and pleasure and its absence can be a cause of extreme pain and sadness. Money problems can not only affect financial well-being but can also affect people…
The most crucial decision any business owner must make in order to accelerate their company’s growth is to hire the right accountant. accountants in Croydon will assist you with everything from writing a business plan to choosing the best legal structure of enterprise, as well as filing income tax returns to managing business finance Here…
What are the causes of the debt crisis? It is not a very easy question to answer, because we really don’t know what causes each individual to become indebted. The economy has been on a decline since the whole recession took place and when the recession is over we will still be struggling with unemployment…
Many economists say that the answer to the question how can we solve the debt problem is through fiscal policy. They argue that the government should spend more money than it takes in. In other words, if the government took away the money owed by businesses and households, then the economy would improve. The problem…
Whether you are a newcomer and trying to settle in the UAE or if you have been enjoying living here for a long time, the events of the past year have made it essential for all of us to review our finances and thinking about better options more seriously. If you want to deal with…
Building wealth is perceived as a long and hard road by most people. We can all agree that wealth building takes discipline and commitment. But it does not have to be seen as a heinous journey. Cultivating financial management skills, money management habits and gathering information can help you in your journey in creating and…
When looking for a local bank, drive through any Massena Savings and Loan and you will likely see the sign that says Drive through sign. This is because this is where all of your financial transactions take place. In fact, when you visit this type of business, they call it a drive through facility. They…
When a company develops and evolves, so do its requirements. If the company has reached a certain size, you will need assistance in handling all facets of it, including financial management. However, an even better attitude is that, even though your company is still small, you should not overlook the importance of getting all of…
With the several self-help forms and resources available on the internet today, it might be tempting to attempt DIY on legal matters. Most people who attempt to do legal work on their own do so in a bid to avoid the expensive costs of hiring a lawyer. However, it’s a costly mistake because legal tasks…
Some people wonder if they really need to hold good credit. Many financial experts will tell you that credit does not matter if you plan to get out of debt because you will not borrow money going forward. What does your credit mean? While I agree that once debt-free, you may not need to borrow…
Are you procrastinating your bookkeeping because it just seems too hard and overwhelming we’ll watch this video because I am sharing with you why you can be awesome at bookkeeping even if you’re not good at numbers and you know nothing about accounting I am so glad that you landed on my channel because I…
Decentralized financing (commonly known as DeFi) is a form of blockchain-based financing that does not depend on central financial intermediaries such as brokers, exchanges or banks to offer traditional financial instruments. Instead of these, it uses blockchain smart contracts like Ethereum. DeFi platforms allow individuals to lend or borrow funds from others, speculate on the…
Access to credit is imperative to making large purchases and connecting to the financial system. If you are looking for more information on growing or maintaining a good credit score, we have some tips to help you along your journey. The advice below outlines practical information that almost anyone can use to establish a strong…