In the EU, the management of non-performing loans has become a politically sensitive issue following the 2008 global financial crisis, which culminated in a 2017 Council decision to task the European Commission with launching an action plan to address the lack of loans. Loans are not granted. The Action Plan supports facilitating the creation of […]
What is a delinquent loan? Leer más »
The interest rate of the loan is not the only cost that the borrower pays. Credit institutions also charge other fees and commissions, so a special metric is required to determine the total cost of the loan. What are AEDs? Effective APR is a metric that shows you the total cost of the
Things that nobody tells you about a loan! Leer más »
Sometimes there are situations and opportunities in life where you desperately need a sum of money that you don’t have right now. Most of the time, this money is essential for the proper functioning of things. Therefore, you should consider the best options when you do not have enough funds and savings of your own.
Important aspects that influence the financing process Leer más »
Money concerns, future security are some of the most pressing concerns a person can have, especially if they do not have a decent income or enough financial education to manage their finances well. . Unfortunately, economic problems often occur among middle-income people, which is unfair, especially since life, be it social, health or education,
Emergency fund: what is it and why do you need such a thing? Leer más »
Do you have a card linked to your account but don’t know how best to use it? Using a credit or debit card for high-volume transactions is a lifesaver for many people, saving valuable time that would otherwise be wasted standing in line at the bank or at different providers. Do you have
All about credit risk: definition, reasons and uses Leer más »
Do you have a card linked to your account but don’t know how best to use it? Using a credit or debit card for a large number of transactions is a lifesaver for many people, as they manage to save valuable time that would otherwise be wasted queuing at the bank or
Debit and effective account management: learn how to get rid of worries Leer más »
Nobody likes the unexpected, especially when you need a certain amount of money and it just isn’t there. These situations happen when you least expect them, so it can be hard to know when you need a fixed amount of money for an emergency. While events like this can upset you from every angle, it’s
how to get out of this financial impasse Leer más »
When it comes to loans, the word interest is inevitably mentioned. This can be seen as price for services rendered, where the creditor provides the debtor with a certain amount of financing for a fixed period. If we consider that money is essentially and essentially a form of commodity, usually called capital (actually a
Among the services offered by financial institutions in Romania, there are two solutions available to those interested in receiving or not receiving money for the purchase of a new home. The two solutions are a mortgage and a solution through the Noua Casa program, both of which have certain advantages that potential clients
Mortgage vs first home Leer más »
Stagflation is characterized by the presence of inflation, stagnant or modest economic growth, and relatively high unemployment. Global economic policies try to avoid stagnation, since they strongly affect the quality of life of citizens, but also the economies of countries. High unemployment has severely slowed down economic growth, so its growth rate cannot
What does this mean and how can the devaluation of silver be prevented? Leer más »