Previously, in the UK, if you wanted to apply for a mortgage to buy a new home, the amount that would be lent to you would be automatically tied to how much money you earned. With runaway UK housing prices over the last decade, and with incomes remaining fairly stable, this method of calculating how much you could borrow on a mortgage has become out dated. Today, many new home buyers need to look for more creative ways to borrow money if they want to buy a new home in Britain…
Why Businesses Need Receivable Factoring In Cash Flow Management
In today’s business environment, many businesses need to fine-tune the process of getting paid on invoices, in order to improve their cash on hand. Improving cash flow can be an ongoing challenge for businesses of all sizes, and it is an issue that must be addressed to ensure the long-term viability of the business.
Student and Graduate Loans
Student and graduate loans are becoming more popular as student debt continues to rise and students seek alternative ways of dealing with it. The good news is that student or graduate loans are generally available without the need to show steady income or offer security.
Factsheet: APR, AER and EAR
When it comes to loans and mortgages, some lenders charge hefty upfront fees, and low interest rates, while others charge low fees and high interest rates.
An Introduction to Accounts Receivable Financing
Accounts receivable financing or factoring, as it is called in the financial industry, can be combined with various other financing methods to help a business to accomplish an effective cash flow process.
7 Things Seniors (and Everyone Else) Should Know About FDIC Insurance
How much does the FDIC insure your savings for?
What Is Your Bank Charging You? A Guide To Bank Charges
When you’re shopping around for a bank account there are a lot of factors to consider. Many people go for up-front incentives, such as money paid into the bank account, vouchers or a gift.
Savings Accounts An Overview
Being in control of your finances means not only managing your current account wisely, but planning ahead too. Although we are used to thinking we will have the welfare state to fall back on, the support offered by state benefits is far from generous.
Personal Accounts Choosing Your Bank
While many people are with their bank because theyre used to them or because it seems like an unwanted hassle to change accounts, there can be benefits to shopping around.
Personal Accounts Clever Ways To Manage Your Account
Once youve found the right bank and the right account, you may be tempted to rest on your laurels. However, if you want to make the most of your money, you need to give it regular attention. The world of finance is changing continually, with new offers and opportunities cropping up every season. To take advantage of them, you need to keep your finger on the pulse.
Not only should you keep a flexible approach, but be prepared to do a bit of research to keep abreast of the…
Internet Banking The Pros And Cons
Only a few years ago the concept of online banking seemed like a dubious one concerns about security and computer glitches were enough to put most people off. But not now, internet banking is booming.
Learning Basic Accounting Principles
Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: “facilitating the administration of economic activity.