Author: Audrey McFarland

Should I use savings to pay off my credit?

There are people whose savings for various purposes, such as emergencies or retirement, are so great that they can immediately pay off their remaining loan amount and live a life without credit. There is...

Cost of a loan

The costs of a loan consist of a few components. In general, only the interest is included in the calculation of the costs, but in this way an important component is overlooked. It is...

What is a Negociation Loan?

What is a Negociation Loan?

  Negociation loan means and uses. A Negociation Loan is used exclusively in the business sector. It can come into play whenever export and import transactions are to be financed. The contracting parties thus...

What is a loan application?

The condition query before the loan application Before the actual loan application is first a condition request at the desired bank. You provide information about yourself, your place of residence, the desired loan amount...

Refinancing payday loans 180 months

Transfer your current payday loan to a new one with an extra long term of 180 months? That is now possible. Camibank introduced the refinancing on 12 September. Do you have a current loan...

What is credit fraud?

Fraud in terms of a Loan Credit fraud is a criminal offense, which is defined in the Criminal Code under 265b. The definition implies that only companies can commit credit fraud to other companies....