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 »
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 »
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 »
The cash-on-ticket era has been around for a long time, so more and more people are putting their savings or charging directly to the card. Everything is much easier, when paying for a purchase, if the amount is high, just touch the point of sale and enter the PIN code. Also, when you have
Stolen Cards: Vital Information You Should Know Leer más »
Understanding and knowing what a loan agreement means is an important step in the life of adults who want an affordable, organized and worry-free future for their family. As a general rule, credit agreements of any kind imply obligations that must be observed in the long term, so the documents received must be
The loan contract: what do you need to know before signing it? Leer más »
In most banks you can get a free card without paying any commission, the only conditions are Romanian citizenship and a minimum age of 18 years. Thus, you can visit the bank’s website, where you will fill in the necessary information, and they will tell you when and at which office you will
how it is done and what operations you can perform afterwards Leer más »