Sunday, May 25, 2014
Is the thought of buying a house crossing your mind? Are you thinking of taking a loan to get you dream home?Well, it isn’t a bad time to do so then.
With the economic turmoil still not completely over, the Federal Reserve Bank in New York has decided to keep the interest rates on a few loans lower than what they have been over the recent past.
The Federal Reserve Bank of New York’s President William Dudley gave three main reasons of why the Federal Reserve Bank may keep interest rates of their short-term loanslower compared to their historic averages.
Friday, May 16, 2014
20% of loan advertisements that are from the consumer credit firmsdo not match or rather fail the City watchdog's marketing rules that are a prerequisite for having advertisements shown to potential customers.
The FCA, Financial Conduct Authority,mentioned yesterday that of the 554 advertisements, 108 advertisementsthat it inspectedover the last month, fell short of the required rules. Can you believe it?
One of the reported cases tells us that consumers were asked to hit the “apply” button before they actually had a chance to read up the significant and important information regarding the loans that they were looking for. This is clearly a tactic and method used to break consumer credit rules.
Sunday, May 4, 2014
The previoustime the European Central Bank reduced itsinterest rates, it astonished the investors. The amounts of interest rates are expected to actually fall further in the coming month.
The overall growth of the European markets has not been great through the current financial year. This week in particular has been devastating weak.Italy and France in particular are hurting.
Fears of stagnation have set in within the economy and the people, as the last monthconsumer prices in the Eurozoneincreased byjust 0.5%.
Experts have said that a very low inflation can also be as harmful to an economy as extreme price increments.
Saturday, April 26, 2014
Continue reading to ensure you know where to invest your excess money.
6. Some people find it easier to invest their money is the fixed deposits created by companies rather than banks. This is done so as to maximise the amount of returns within a fixed-income portfolio.The investors should intentionallyselect a company with either a high credit rating or by asking and following what an expert has to say and thenchoosethe companies they invest in.
7. Debentures and bonds form good choicesfor people who are looking to make large investments or for those set of people who are looking to avail tax refunds.This is a long term investment as well.
Monday, April 14, 2014
Lots of people who have managed to save up pots of money are not sure what to do with it o do not know how to invest the money correct. Always remember, money begets money. Hence, summarised below are the long-term and short-term financial investment options that are available to people or inventors.
1. Putting you money in a saving account where banksaccount use the money only for short-term saving of a period of less than 30 days offering a low interest rate of 4%-5% per annum. This makes them a little better than deposit lockers.
2. Liquid funds or money market funds offer a better return than investing your money in a savings account. Money market funds or liquid funds generallyprofitfor better returns than savings accountsbut at the same time are lower than bank fixed deposits interest rates.