Bank finance articles and tips

A person leaving India by land, sea or air is required to obtain from the Competent Authority a certificate that he has no liabilities under the direct tax laws or that he has made satisfactory arrangement for payment of his existing liabilities as also for payment of the lax that may become payable by him....

There are several helpful ways regarding how to build your credit fast. To help keep loan merchants from bothering you, and in order for you to acquire financing that has a realistic interest rate, you have to understand how to build your credit. The best place to begin with will be to not purchase things which you do not need to have. Should you continually yield to impulsive buying, you will find yourself in much deeper financial debt in a short time. If you don't have any credit rating in any way, you need to remember that....

Many people think that just because the forex market is open 24 hours a day they can trade and profit whenever they want; well... they can't. I want you to consider some points to clear your mind about this issue....

With the economy going through a major slowdown there are many consumers that are forced to make some tough financial decisions. The amount of interest that people pay in their credit card debts has remained nearly 20% and in some cases more while the central banks have lowered the prime lending rate to historic lows. Since the banks are able to borrow money so cheaply it does not make sense why they are charging their clients so much interest....

What is a Risk Assessment Matrix?

A risk assessment matrix is, as the name suggests, a matrix, table or for, that allows you to map risks out for analysis. The key parameters you are looking for in a risk are the probability of the risk happening and the impact on the project.

The risk assessment matrix is laid out in such a way as to provide a clear graphic view of each risk in terms of its probable occurrence and impact. Most organisations and project managers will give probability and impact a high/medium/low rating, or a 1,2,3 rating option so that they are easy to colour code for visual impact....

I have certainly had my fair share of trying to explain why fixed interest rates are what they are today when it comes to Equipment Finance or any Fixed Rate product for that matter. Too often fixed rates for equipment or fixed property loans are compared to the official cash rate or the honeymoon home variable rate. That would be ideal for all of us but not reality. I thought it was timely that I put my fingers to the keyboard and put something out there to try and shed some light on it all....