Everybody who needs a loan wants a loan with low interest rates – and the offers of the banks often sound promising. But often it turns out after applying for a loan that the interest rate is much higher than expected. This does not mean that you have to punish the offers of the banks: For often even the small word “down” before the example described interest rate indicates that not only this is relevant,…

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    Selling or swapping a car with debt is an immediate solution for people who have bought a vehicle and are facing financial difficulties right now and need to get rid of debt and even clear money. However, before selling the car, it is interesting to look at the different points of view listed here in this article. It is common to trade or sell a car even when it still has a loan…

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Rey Fernandez has not paid the third annual debt payment provided for in the creditors agreement with which in March 2011 the real estate group managed to emerge from the largest creditors’ contest in history, according to the company. Had paid its creditors debts The company that controls and chairs Lucas Serenio had paid its creditors debts for an amount of about 18 million USD on December 31, 2013, as established in the liability payment plan…

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  The fact that household debt has risen sharply in recent years is not news. What has mainly been on the wallpaper in this context, however, is the mortgage. Rising housing prices mean a greater need to borrow money, which automatically results in a higher general debt. More recently, the rise in consumer loans has been noticed by politicians and the media. Consumer loans, ie private loans and fast loans, are increasing in both number…

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With the arrival of the financial crisis of 2007, it was concluded that one of the main problems we had was the high level of indebtedness of the economies and a debt-based growth model where consumption was boosted debt that grew at a higher rate than the real economy did. Monitoring the evolution of global debt The people of McKinsey are doing a good job monitoring the evolution of global debt. Their latest document on…

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