seattlemeditation.org http://www.seattlemeditation.org My WordPress Blog Sat, 11 May 2019 10:41:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.2 Easily Compare Credit Terms with Each Other http://www.seattlemeditation.org/easily-compare-credit-terms-with-each-other/ http://www.seattlemeditation.org/easily-compare-credit-terms-with-each-other/#respond Sat, 11 May 2019 10:41:28 +0000 http://www.seattlemeditation.org/easily-compare-credit-terms-with-each-other/

Sometimes you can not see the forest for the trees. This wisdom also applies to the numerous loan offers of the various banks. In addition, for example, interest conditions are made dependent on other factors such as the term and the creditworthiness of the applicant. For this reason, a credit comparison can turn out to be difficult and a real patience sample. But how can you easily compare credit terms?

Compare credit online

Compare credit online

Meanwhile, numerous loan calculators can be found on the Internet. These computers are structured quite differently in their function due to the different types of credit. Once you have found the correct loan calculator for your purposes and entered the required data, such as the desired loan amount, the term of the loan and the number of borrowers, the most favorable providers are then listed in terms of their interest conditions in a credit comparison. In addition, credit institutions are assessed under different aspects. For example, it may happen that a bank offers the cheapest interest rate but has an acceptance rate of 50 percent or less. The online loan comparison provides sufficient information about these details.

Hire a credit intermediary

Hire a credit intermediary

Another way to compare loans and their terms, is the use of a reputable credit intermediary. Credit intermediaries are usually self-employed professionals from the financial world, who have a very good overview of the individual loan offers and recognize economic positive or negative tendencies. Although a loan broker requires a brokerage fee, which is included in the loan amount, but the chance to get a cheap loan offer increases immensely. Dubious credit intermediaries require a prepayment to process the request. You should stay away from these intermediaries.

The search for a suitable and above all cheap loan offer does not have to be complicated. Knowing which options are available for research can save a lot of money and save a lot of time. Whether online comparison, such as kreditvergleich.com or credit intermediaries, it creates a transparency for the credit market, which will be helpful to any interested party in any case.

 

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Credit Card Comparison http://www.seattlemeditation.org/credit-card-comparison/ http://www.seattlemeditation.org/credit-card-comparison/#respond Sun, 28 Apr 2019 11:10:01 +0000 http://www.seattlemeditation.org/credit-card-comparison/

Almost everyone today has their own checking account and most of them also have a debit card for this checking account. However, even today only very few bank customers have their own credit card, which of course the banks and credit card companies would like to change and offer online credit card. Now both banks and credit card companies are starting a very strong offensive. They want to intensively use the Internet to make the purchase of their own credit card more attractive to many people: they want to provide their customers with the opportunity to order their own credit card online. So the prospective customers can request the desired credit card from home. There are even very special offers for banks and banks.

Very good conditions when shopping with a credit card

Very good conditions when shopping with a credit card

In this way, it is possible the respective credit cards in most cases not only very cheap, but also also with excellent conditions over the Internet to order. Ordering the credit card directly over the Internet is usually not only much more convenient, but you can also compare different offers with each other. These include, for example, favorable conditions for the annual price, in some cases even without any annual fees, as well as extra services and discounts. Thus, the customer even gets two major benefits when ordering his credit card online: Firstly, he is shown a very good offer, and secondly, he can also take advantage of a very convenient ordering process. Credit cards are one of the most widely used financial products nowadays. For a long time, credit card credit cards have not only been used for business travel but have become increasingly popular in private life as well.

Alternative to debit card and cash

Alternative to debit card and cash

The credit card is flexible, versatile and an ideal way to debit and cash. When choosing a credit card, there are a few factors that should be considered, such as: type of credit card, type of card from the credit card comparison, charges per person / per-pass, total cost, online account request. In addition, you should check the credit card on credit conditions such as the credit limit, so you can opt for the right credit card provider. There are three different types of credit cards: the debit card, charge card and the credit card, which operates on the conventional credit card payment system and which is therefore referred to in Germany as the conventional credit card.

 

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Spread To The Minimum, Mortgages Have Hit Bottom: Are You Asking For A Mortgage Or A Subrogation? http://www.seattlemeditation.org/spread-to-the-minimum-mortgages-have-hit-bottom-are-you-asking-for-a-mortgage-or-a-subrogation/ http://www.seattlemeditation.org/spread-to-the-minimum-mortgages-have-hit-bottom-are-you-asking-for-a-mortgage-or-a-subrogation/#respond Mon, 08 Apr 2019 09:41:27 +0000 http://www.seattlemeditation.org/spread-to-the-minimum-mortgages-have-hit-bottom-are-you-asking-for-a-mortgage-or-a-subrogation/

Spread al minimo, i mutui hanno toccato il fondo: stai per chiedere un mutuo o una surroga? Leggi qui...

Do you want to see a stranger roll his eyes and not believe what he is hearing? Try to tell him something about the spreads that Italian banks currently practice on mortgages. He will ask you if you are joking, if you are sure. Indeed this anomaly, which is to the benefit of customers, is entirely Italian because in other countries the situation is certainly different.

The gross margin , why is this the spread, is it possible that it is 0.25%? The profit margin that a banking institution today asks for on a fixed-rate mortgage loan has actually increased compared to last summer, when in ideal customer situations conditions were agreed with a spread almost zero .

Spread to the minimum, mortgages have bottomed out

Spread to the minimum, mortgages have bottomed out

 

 

 What we at Mr Banca ask ourselves is what a banking institution gains , offering a loan on the Italian market under these conditions and until this light spread policy is sustainable.

It is not difficult to suspect that, given the current situation, in future spreads in Italy will only be able to rise . What is not easy is to understand when and how.

The spreads applied by banks in Italy have reached the minimum possible , it will be difficult if not impossible for national banking institutions to sustain this situation for a long time to come.

Are you asking for a mortgage or a subrogation? Read here…

 

Are you asking for a mortgage or a subrogation? Read here…

 

 There are several factors to consider. The banks cannot actually increase the spreads and therefore the rates lightly, for at least two reasons that we immediately go to list.

First of all, all the abundant liquidity that the ECB has introduced in the banking channels in recent years must be used in some way, it is part of the same requirements imposed by Europe on the banking system.

Furthermore, increasing the cost of mortgages to all the mortgage lenders would mean putting a portion of customers, those who are weaker and potentially at risk, in difficulty, and this clearly does not want the banks.

Think, dear friends, that the insolvency rate on mortgages for Italian families has fallen below a formidable 2% , perhaps thanks to the “generous” policy of the banks on the costs of the mortgages themselves.

Finally, this is a factor that we like, keeping the spreads low also contributes to the increased competitiveness of the sector, perhaps fueled by websites such as ours where they compare and offer the best offers from Italian banking institutions.

 

Mortgages are more than 80% of the value of the property

Mortgages are more than 80% of the value of the property

 

 Recent analyzes have shown that for the rest of this year and next the demand for mortgages with an amount exceeding 80% of the value of the property is destined to grow further than in the past. It has helped a lot the Guarantee Fund , which has brought LTV levels back to pre-crisis levels, but we wonder if this instrument will be refinanced. Without a Guarantee Fund, how will banks be able to grant mortgages of this type, with such low spreads, and with a light heart?

From one spread to another, yes, just “that”, the great Spread . The difference between the BTP and the Bund remains an unknown factor, and inevitably affects the collection operations of the banks. Last year this spread was at 120 points, now for some months it has been stable above 250. The Italian real economy, net of political risk, should instead express a Bt-Bund spread of around 150 points.

The increase in the BTP-Bund spread clearly impacts the mortgage product of our national banks and the profitability of this channel for institutions is already at a minimum , if not in some cases even negative. The profitability of banks on mortgages provided in Italy is unlikely to improve, if not with upward adjustments to the spread on offer.

Now, all this being clarified, we expect the spread applied to mortgages and mortgage loans in Italy to rise . The big banks could start, the most prominent ones, to then follow the small and medium-sized ones, the smaller ones even more than the large ones have to adapt the offer to meet the needs of profitability.

When will this happen? Probably this year. If, however, the ECB really re-launched its T-Ltro workhorse, then there would be other liquidity in circulation for the banks with the probability of a shift in the spread increases to the first half of the new year.

For those, who are lured by the excellent conditions offered by the banks, are thinking of taking out a mortgage to buy a house , there is the other good news of this period: in addition to favorable mortgage rates, real estate prices also seem extraordinarily good in this beginning of the year. From 2011 to today, the average drop in house prices in Italy has now reached almost 25%. As for the mortgage spread, perhaps even real estate prices have bottomed out?

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Credit Cards – Types and Development http://www.seattlemeditation.org/credit-cards-types-and-development/ http://www.seattlemeditation.org/credit-cards-types-and-development/#respond Tue, 26 Feb 2019 11:30:23 +0000 http://www.seattlemeditation.org/credit-cards-types-and-development/

Mainly on the internet, but also in normal life, when shopping on a certain type of payment is used more often. In this context, the credit card is meant. The fact that there are some serious differences between different types of credit cards, most are not aware.

Credit Cards – Differences and Development

Credit Cards - Differences and Development

Credit card is credit card, this general statement is no longer true today. Although the credit cards differ minimally in design, the big difference is the interested in the functions that the respective card offers. But also with regard to charges, the different versions offer differences.
The first credit card was the Diners Club. It was designed to allow club members to make cashless payments at selected New York restaurants. So the card was a credit card. The ID card allowed them to have their bill written – so that they could take out a loan (credere = believe). Consequently, members of the Diners Club believed in their good credit rating. This resulted in the many forms of credit cards that exist today.

These credit cards are available:
1. Real credit card
This actually only true credit card allows the user to shop in a certain frame, ie the credit granted by the bank. This sum he can, for example, while shopping, but also at the ATM.
2nd cashback card
This card offers the functions of a credit card, but at the same time offers another great advantage: When paying with this, the user is always paid a kind of compensation, which is credited immediately. So shopping with this card is worth twice. Of course, this offers itself on the Internet, which is why credit cards with online cashback are becoming more widespread.
3. Prepaid credit card
This form of credit card is becoming increasingly popular. The system is as simple as it is ingenious. All normal functions of a credit card are available, but credit must be loaded on the card before shopping. An overdraft or debt is therefore not possible. A credit is therefore not granted, which is why it is actually a credit card with credit card features.

Credit Cards – A complex topic

Credit Cards - A complex topic

If you want to get a credit card has different options. In some cases, banks offer credit cards free of charge to an account and sometimes an annual fee must be paid . In addition to the basic functions of credit cards, many cards also have other amenities. This starts with an insurance package and goes up to the personal butler and access to private airport lounges, etc. The latter is reserved only for people who can afford these exclusive cards, or are invited to use them. Basically, the granted credit depends on the personal credit rating. If the credit to a real credit card is not enough, the prepaid card is a good alternative.

 

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Credit Cards for Students http://www.seattlemeditation.org/credit-cards-for-students/ http://www.seattlemeditation.org/credit-cards-for-students/#respond Sun, 10 Feb 2019 12:04:48 +0000 http://www.seattlemeditation.org/credit-cards-for-students/

As students are well known to travel and avoid carrying cash, students should choose to purchase a credit card. However, many banks or banks refuse to lend such a means of payment to persons who have insufficient liquidity. Especially the small monthly income of this group of people seems to be decisive for a rejection of the bank. In such a case, it is necessary to look specifically for companies that issue a credit card for students. Especially when traveling outside the EU, such a credit card can be an advantage.

Advantages

Advantages

Who decides to use this means of payment, can take advantage of some advantages. A clear point that speaks for the use of credit cards, is an extraordinary flexibility in travel, as this means of payment is recognized worldwide. In addition to use in hotels, bars, restaurants or car rental on vacation, a credit card for students can also be used in domestic advantageous. Many online shops offer this payment method. In this way, attractive bargains can be used, as some shop owners only accept payment by credit card. In addition, tickets for theater performances or flight bookings can be purchased easily.

Peculiarities

Anyone who knows exactly which additional services are provided before using the credit card issuers can then benefit from further advantages. Certain credit cards offer generous financial leeway, which can be used as a low-income student from odd jobs. The peculiarity here is that the bank does not demand any far-reaching explanations for the use of a higher capital framework. In this way, short-term purchases can be made without having to worry about high overdraft interest on their own account. The capital used usually has to be raised within one month. Students can thus have a certain amount of money in advance. The final benefit of a student credit card is that it is extremely secure. If lost, most vendors replace the card quickly and cost-effectively.

 

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