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Loan as a financial reserve? Options and pros and cons

The main rule associated with financial literacy is the need to create financial reserves. This means that money earned in employment or business should not be spent in the last crown. It is necessary to set aside some of the wage. This is subsequently referred to as the financial reserve. But many people do not […]

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What do lenders consider to be regular income?

Unless you have a real estate of great value, you must always prove your income with classic loans. This is also due to several new legal provisions under which the lender is obliged to check whether his client is able to repay the money without any problems. And just the regular income and its amount […]

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Loan insurance: degressive monthly payments, really interesting?

Capital borrowed or principal outstanding? The method of calculating the cost of the borrower insurance differs between the group contracts and the insurance delegation. In concrete terms, the monthly payments of a group contract are constant because they are based on the initial capital, whereas those of a delegation of insurance are degressive because they […]

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What does ref marking mean in credit information?

Default credit information is a familiar concept to many, but what can I do about my own credit information after the default? And can there be any improvement after debt repayment? If the consumer has paid off the debt in full, the consumer may ask the credit bureau to include a ref in his information. […]

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Methods for problems with loan repayment.

The last issue that the customer thinks about when concluding a contract is solvency trouble. Still, he should be prepared for problems with paying off the loan. In crisis situations, he has several options to choose from. A mortgage for the purchase of an apartment or building a house is usually a commitment that lasts […]