March 23, 2020 admin

When you filed for bankruptcy, I bet you swore you would never get a loan again, and whether your bankruptcy came about because of a job loss, a divorce, medical issues, or just excessive spending. Value of the loan In our culture, it’s a tall order, especially when you can finance everything from a set of towels to a new home that you buy through a catalog or online. Or maybe you’re a client who recognizes the value of the loan and can’t wait to begin rebuilding. While it is true that bankruptcy can remain on your credit record for…

March 15, 2020 admin

One person’s suffering is Freud’s: If savers are annoyed about mini-interest on overnight and fixed-term deposits, borrowers will be happy about cheap loan interest. In 2019, it even went slightly down again. What development can be foreseen for 2020? MCB base rate The key interest rate of the MCB determines the percentage by which banks can borrow money from the headquarters in Frankfurt. The following applies here: the lower this value, the lower the loan interest. Finally, the financial institutions pass on their costs to the borrowers in the form of MCB interest. The key interest rate has been at…