The UK economy grows more than expected thanks to the lifting of restrictions due to Covid-19. According to data published this Thursday by the British Statistical Office (ONS), the Gross Domestic Product (GDP) registered a growth in the second quarter of 4.8%, close to the 5% pace predicted by the Bank of england (BoE) last … Read more
About 21 million Spaniards have life insurance. From them, almost 10 million are linked to banking products, according to some studies. Most entities pressure their clients to contract additional products, such as insurance or even pension plans, when it comes to being able to sign a mortgage or take out a personal loan. A practice … Read more
The bank tells you: interest reduction. And you think that the loan is going to be cheaper for you. But in the end it ends up being the opposite. The trick? Entities apply some lower rates in exchange for charging more for other expenses, raising commissions or including the obligation to contract more expensive linked … Read more
In the last decade, mortgage interest rates have plummeted. However, taking out the wrong home loan can end up being expensive for the consumer. Choose variable, fixed or mixed mortgage? In deciding the best one, the client’s age, socioeconomic status and risk profile are key factors. – In recent years, the historical trend in which … Read more
The two biggest bearish funds holding short positions on Indra they are rubbing their hands with the mess that has been mounted in the technology company. The Government has forced the march of Fernando Abril-Martorell and has promoted as non-executive chairman Marc Murtra, a movement that has left the market misplaced and has been taken … Read more
The twelve Spanish banks supervised by the European Central Bank (ECB) remained in the fourth quarter of 2020 practically in the last place of the entire Eurozone in terms of cost effectiveness already ratio de capital CET1, according to the data published by the entity this Monday. – The low profitability of banks in the … Read more
The final price of revolving cards continues to be above 22%, despite the ruling issued by the Supreme Court just over a year ago which defined them as usury. Although it is true that financial institutions have been adjusting their interest rates after this, the average market price is installed at 22.84% due to high … Read more
More and more entities have gotten into the green financial products market, from mortgages to consumer loans, with the aim of helping to incentivize the environmental and sustainable development goals set for 2030. However, much remains to be done. The offer financing of this type is still scarce and sometimes bonuses they are not enough … Read more
Banks usually condition the approval of a loan to the contracting of insurance. A requirement to which the entity cannot oblige the client, but that sometimes, despite the cost involvedYes, it is usually of interest to the user to lower the mortgage interest. – The first thing to calculate to know whether or not to … Read more
About 20% of Spaniards have the intention to request a loan to refinance debts, compared to 10% in June, according to the Second Barometer of consumer loans prepared by Asufin. Likewise, Spaniards who intend to request a loan at the moment have gone from 14.2% to 19.2%, and among them, 53.6% is oriented to the … Read more