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Month: June 2019

Proposed repurchase of real estate credit

Proposed repurchase of real estate credit

The repurchase of mortgage implies to ask a banking organization, which will realize a proposal of repurchase of credit, here is how this process takes place.   Proposal to buy back credit A home loan repurchase is a bank transaction aimed at being redeemed by another bank or other credit institution for its home loan, with or without consumer loans. This financing begins with a request from the borrower, which will specify the amount of credit (s) to be repurchased…

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APRC – calculator, cash loan – calculate the Actual Annual Interest Rate on a cash loan

APRC – calculator, cash loan – calculate the Actual Annual Interest Rate on a cash loan

How do you check the interest rate on a cash loan? When choosing a cash loan, i.e. a short or long-term financial commitment paid in cash or by bank transfer, customers first pay an interest rate of between 5% and even 10%. Higher interest rates, compared to mortgage or car debt, are associated with the minimum collateral required by banks. It should be known that the nominal interest rate may not be higher than four times the lombard rate, which…

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Which loan to choose?

Which loan to choose?

Which loan to choose? When one reads this question too often one thinks of the type of credit institution, interest rates, duration, and guarantees; however, it can also be answered in other ways. In fact, there are different types of loans and each of them has its own characteristics. Let’s start by saying that there are different types of loans. This is because there are different types of users that can have the most disparate needs, different economic or social…

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