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UK Set For Personal Debt Crisis – So How Can Brits Get Financially Savvy?

One task that most homeowners find difficulty in achieving is balancing their monthly budget, which is made all the more difficult by the rise in cost of living and inflation. Paying your mortgages or rent, utility bills, grocery, fuel besides education for the kids all make it very difficult to be able to save any… Continue reading UK Set For Personal Debt Crisis – So How Can Brits Get Financially Savvy?

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How Do Banks Determine The Interest Rate?

Personal loans and mortgages certainly allow us to have things and do things that wouldn’t have been possible otherwise, but the interest can make a real dent in the happy feelings. Depending on the type of loan or product you’re talking about, interest may account for tens of thousands of dollars by the time the… Continue reading How Do Banks Determine The Interest Rate?

Rising Credit Card Debt In Norwegian Households

Norway is one of the richest countries in the world. Still, Norwegian households are seeing a rapid growth in consumer debt, which leaves economists worried. The rising debt ratio might leave some households at risk of borrowing more than they can afford. The Norwegian economy scores well above most other developed countries when it comes… Continue reading Rising Credit Card Debt In Norwegian Households

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Selling Your Business: How To Prepare For A Financial Windfall?

Selling your business is not only a financial decision, but also an emotional one which could overwhelm even a seasoned entrepreneur. When you start and begin to run a business of your own, it becomes more like your identity and a part of your life. So, when you’re about to sell your business, you’re also… Continue reading Selling Your Business: How To Prepare For A Financial Windfall?

All You Need To Know About Syndicated Mortgage

A syndicated mortgage is a special type of mortgage that a borrower can avail as per his/her needs. Unlike the regular loans where there is a single lender/investor, syndicated mortgage system allows multiple investors to participate in lending the sum. Including the essential contractual obligation that a borrower has towards the investors, syndicated mortgage has… Continue reading All You Need To Know About Syndicated Mortgage

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