Author Archives: admin

Letter of credit when buying a property

  Buying property is categorized as high-risk transactions, so the seller may be required to do business only with a letter of credit. This is understandable since calculations with such a system are the most reliable option for both sides. Therefore, it is necessary not only to look at what it is in detail but

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Interest-free credit card: bank conditions

The number of banks is growing day by day and they are all fighting for customers. Credit cards are a very practical banking product that bankers use various advertising and marketing mechanisms to promote. As a rule, lenders try to extend the deadline for the free use of funds, the so-called grace period. Apparently there

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Where is it more profitable to take out a cash loan?

When there is an urgent need for money and relatives and friends cannot help, the question immediately arises where it is more profitable to take out a cash loan. Which institution should be chosen? Bank or PDA, pawnshop or MFI? The future borrower must seriously assess its strengths and benefits because ultimately these criteria make

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Model contract – Loan between individuals

To make a loan between individuals you need a model contract! Often, family or friends borrow money without even thinking about the importance of signing a contract. Although when you lend money you are convinced that at some point it will be returned, it does not always happen this way. It is always important that

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Is a Credit Card the Worth?

Most of us know what credit cards are: those small plastic cards that are always confused with the standard current account bank card. Credit cards are often used as secondary payment methods instead of the regular payment card. You can usually request a credit card from the current account of your home bank. However, it

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