Annual credit card renewal costs: the expense that hurts the most.

Annual renewal costs for international cards are 2.5 times more expensive than for national ones. This type of charges represents a significant portion of the CFT (Total Financial Cost) to be monitored by customers. Learn the ranking of the most expensive renewal costs for national and international cards by type of brand and entity. In addition to the compensatory interest rate charged by entities to finance purchases made, other costs associated with owning a card must also be considered. In this note the “renovation or maintenance expenses” in effect as…

Renegotiate a home loan to do work

Many households have opted for the purchase in old or construction, a mode of acquisition which very often requires to carry out renovation or development work. Simply, when visiting the property, we do not always think of all the work that must be financed, especially when the repayment capacity does not allow to include an amount of extension work, so we must operate with current finances to get his mortgage. However, a change in a situation such as an increase in income, the end of a consumer loan, or even…

Options for Credit for loft conversion.

You would like to have the roof extended in your own home. This way you get an additional living space: you may want to rent this apartment out later and thereby secure an independent income. Or has your family grown since you bought the house, or have the children grown older and want more independence from their parents. There are many reasons for the roof extension, and in any case this construction measure costs a lot. It can be in the tens of thousands, so it is likely that a…

Mortgage rates 2017: Outlook for the second half of the year

In a few weeks, the time has come, the second half of the year is approaching. This is reason enough for us to take a fresh look at the development of mortgage rates and share our current assessment. The following section explains the interest rate development we are assuming. Low-interest rates have moved away from their low point First, a review. If we look at the interest rate developments of the past ten years, the market basically knew only one direction, namely a continuous reduction in mortgage rates. However, interest…

Can you make a loan after a credit repurchase?

The repurchase of credit can take two different orientations, either it is a repurchase of mortgage property whose objective is to negotiate a better rate to realize savings on the interests, or it is a regrouping of loans having been requested to readjust debt repayments in order to avoid financial imbalances. The common point of the two operations is quite simply to have a loan repurchased by a bank other than one’s own. For the repurchase of home loan, a loan is completely possible after renegotiation of the rate and…

Small credit without private credit checker.

A small loan without private credit checker is the perfect solution when money is urgently needed. If the private credit checker of a loan seeker is negative, he subsequently has major problems with his creditworthiness. Banks based in Germany usually have a hard time lending to customers with poor credit ratings. A solvent guarantee is often required as additional security. If you don’t have them, you won’t get a loan from German banks. But there are alternatives that our article wants to provide information about. The small loan without private…

Fall 2017 loan rates

Since the beginning of February 2017, it has become easier to change banks with the entry into force of the law for growth, activity and equal economic opportunities of July 6, 2015 (“Cogilaw Company”). The deposit of a bank mobility mandate in the new bank is sufficient for the latter to take care of the transfer of all accounts. Should we therefore change banks when we carry out a loan buy-back? What is the difference between renegotiating loans and repurchasing credits? Here is a very useful update… Credit redemption can…