Loans

Saturday, December 12, 2009

Swiss Bank Accounts

I still wonder up to now the impact of having as Swiss Bank Account. When I was still a little boy, I heared that the leader of our country hid some of the nation's wealth in his Swiss Bank Account that is worth in Billions of Dollars. I was always mesmerized the sheer amount of money they got and how much interest it would have garnered until now. That was about 25 years ago.

Saturday, September 19, 2009

Loans and Debt Consolidation - Get Approved on your bank loan

Want to get approved on your Bank Loan? The easiest and fastest way to get your Bank Loan is to have a good credit standing. Plus the fact that you pay your taxes properly. I remembered a few years ago when I applied for a loan in a local bank in our country. My loans was denied 3 times. I was confused with this because I've already complied with the requirements where one must have an ITR and a good salary plus I also have good credit standing. So I started to ask some of my friends who have applied for a loan and got approved. The only difference that we had is that, my friends have more than 3 credit cards and I only have one. I did not realize that have more credit cards translates to more capacity to spend and pay. But ofcourse you should have good credit standing in all of those credit cards. Banks usually share credit information with each other so if an individual applies for a loan, they will verify it to other banks if that person has the capacity to pay and that person pays his due on time.

So before you apply for your bank loan to pay your debts or bills or any other expenditures that you would like to acquire or spend your loan, be sure that you have more than one credit card before you do. :)