Blacklists where it is believed bulletining people who do not pay their debts on time, do not exist, are a myth. So there are records detailing your credit behavior and in which you are given a rating as good average and bad payer. Both gather information company’s banks and non-financial institutions as departmental stores as well as governmental bodies as water service or report them once a month on the status of your Payments.
Credit Information Companies indicates that you have the right to request your report once a year. This will serve to detect the appearance of credits that you did not request misreported payments or consult your unauthorized history. If you need to check it, more often the extra cost is 36 pesos. Continue reading “Tips to save savings for retirement”
With the death of relative financial obligations generally disappear however there are cases where debts can continue to generate interest. The National Commission for the Protection and Defense of Financial Services Users in the magazine Protect Your Money explains the circumstances in which debts can be inherited.
The main ones he indicates are when the deceased is married when you are legally responsible for liquidating the inheritance of the deceased and you have not complied with certain applicable laws; If the obligation was confirmed. Likewise, if he was appointed executor or if he is jointly bound, that is, if he signed as guarantor or guarantor. Continue reading “What to do when someone dies checklist”
One of the most frequent queries that we receive in the contact form of financial expert is on what is better if to amortize capital or to save and to invest. The answer is how many of those we left in our advisory work. It depends on the type of mortgage on what year it was built whether or not it is about our usual home and above all depends on the interest rate and the renewal differential on the Euribor.
Is it better to amortize mortgage or invest in a savings plan than we are saving? Although you have to analyze the main characteristics of each mortgage and the financial situation of each owner there are some general rules. The first rule is to take advantage of the tax relief offered by mortgages: We can deduct 15% of the fee we pay annually mortgage, up to a maximum of 9,040. Continue reading “Amortize mortgage or save and invest so you can cancel before”
A financial advisor is a person who, whether working independently or as part of a company, provides help on various issues related to finance and personal economics. Among other topics, they often work on issues such as investment selection, retirement planning or estate planning. At first glance, it might be thought that working with financial advisers is a necessity for people who do not have the knowledge or time to personally take care of these issues. However, this is not necessarily the case.
On the contrary, many of the great personalities of the world of the economy and the financial markets hire the services of these advisers. In the same vein, Bill Gross is popularly known as “The King of the Bonds” thanks to his extensive record of accomplishment of success as an asset manager for decades in the fixed income market. However, Gross receives financial advice from Morgan Stanley. Continue reading “What are the benefits of working with a financial adviser?”
The correct management of an SME is not something simple. There are internal and external factors that can determine the success or failure of the company. But when it comes to internal factors we have to do everything in our power to minimize risks and optimize resources. The lack of professionalization, costs and the false idea that being a SME does not need tools like in big companies are some of the factors that make a venture cannot consecrate or grow.
In addition, is that an efficient business, with organization and financial statements in order is basic to obtain financing or aspire to government programs. Specialists recommend consulting specialist, since it can help them generate significant benefits as improve profits reduce time and cost in internal processes. It depends on the situation of the pye, but it is not always possible to hire a specialized consulting, so here are some basic tips to protect your business: Continue reading “Keys to Securing the Future of a Business”
It gives you the freedom to choose the house that suits you according to your possibilities. Since 1972 it has funded more than 9 million home loans or one of every four households in the country. An institution in which the participating sectors private government and workers is constituted as a tripartite institution and not only is responsible for granting home loans; but also gives you various options for your heritage.
You can buy it either in a housing complex or in the open market with a private individual. If you are the rightful owner want to buy a home that is mortgaged by this same Institute, you can do it with any of the credits that the institute grants. This option is for you if you want to buy a home from the open market and improve it with the same credit. Continue reading “Things You Can Use Your Credit”
When it comes to economic issues, one of the biggest problems in small business is financial planning because they generally do not know how to properly manage their resources and prepare to have an emergency fund in bad times experts say. It happens to many companies, when it starts to go well they forget to plan and lose sight of the risks they may suffer especially in times like this that the economy is so volatile.
The cost of advice for example an independent accountant to business can represent about 10% of the total expenses of the company, which is not much if the results that this decision may represent future is considered. When creating the management strategy for your business, it is important to think about issues like recession. Continue reading “Finance tips for your business”
Could you provide for your family if an illness or injury prevents you from working? This is an important question to ask yourself and if you already see problems, you should consider a plan to maintain your standard of living. You should be proactive and reduce your stress; you make your life easier! The first thing to do is to understand what protection you already have.
If you have an emergency fund, you should also calculate how long it could last, and if you would pay unexpected medical expenses. Then compare your current coverage to all of your financial obligations and your current expenses. If you could run out of money, you should consider for your Income Protection.
In fact, losing the ability to earn an income, you may also lose the lifestyle that you have created for you and your family. An accident or illness can deprive you overnight the ability to work and earn an income.
Your health insurance will help you pay your medical expenses, but to replace your income, you need insurance to protect your income in case of disability. Even if you already have disability insurance through your employer, many insurance companies offer you Income Protection Cover that will help you maintain your lifestyle. Continue reading “Income protection in case of disability”
Term life insurance differs from everlasting insurance, in that it’s only very good for any term, generally from the yr to thirty many years. The coverage must be renewed for the stop of each and every period or term and contains no actual income worth. Inside the event of your death of your insured ahead of the finish of your specified term, the beneficiary would then be paid. As with any fiscal product or service, it pays to buy close to. The internet has managed to make it simple to uncover low cost term life insurance and to review insurance policies, capabilities and expenses. It can be also reasonably simple to submit an application for coverage online; the whole method can typically be finished in as little to be a few minutes.
Potentially the most important good thing about this sort of insurance is usually that it’s usually more affordable than long-lasting insurance. As the level of the regular premiums are decreased, this sort of insurance makes it possible for you to buy extra protection whilst youthful – a time of life when lots of individuals feel they require additional fiscal defense, or can find the money for it.
This protection can also be a fantastic solution you ought to go over a direct and unique brief term want, like a mortgage loan, or earnings from work. Many guidelines also simply and easily enable you to transform the policy into a entire life plan at some time in the future, while not having to get a health-related test or normally qualify. Continue reading “Things You Should Know Low Cost Term Life Insurance”