Open post
Remortgage

Remortgage – Rescue and Savings

The concept of debt restructuring is wrongly biased. That’s because it contains the word “guilt”. Debt is also a negative thing. However, a good distinction should be made between debt and liabilities. Re-debts of liabilities It is a common practice that the consumer replaces expensive loans for cheap ones. This means that he gets a low-interest loan from a lender and with the money paid off the older and more expensive credit early repay. For example, in the repayment phase of real estate […]

Continue readingMore Tag
Open post
Loans Are an Attractive Business for Banks 2

Loans Are an Attractive Business for Banks

Lending is a good source of income for the banks. Of course, they also take a risk, as it may well be that customer loans are not paid back properly and thus the bank has to pay off a mountain of debt itself. However, as loans may be required to pay high lending rates in some cases, lending to the bank offers a good opportunity for self-financing. As a customer, however, when taking out a loan, care should be taken to ensure that […]

Continue readingMore Tag
Scroll to top