Who can apply for a loan for a bank loan? All 20-year-old Finnish citizens who have taken good care of their money have access to the general loan. The applicant must have good credit data and high and regular income. How much loan can I apply for? The general loan provides one-off consumer credit for the amounts of EUR 2000 – EUR 10,000. You can decide for yourself the amount of your loan with an accuracy of €…
With a revolving credit you always have money behind you. You can withdraw free money from the credit up to a certain maximum amount and only pay interest on the amount withdrawn. If you do not borrow anything, credit does not cost you anything, but you always have the certainty of having more financial scope when you need it. This is very useful, for example, if you have to make some big purchases or want to renovate your house….
A convertible loan is a business loan that is mainly concluded between startups and investors. It is a loan that can be converted into shares after a certain period. In the meantime, a benefit is not possible. This gives the startup the chance to finance the first years of its business, without making too many costs. It sounds very simple now, in practice there are of course some hooks and eyes. A convertible loan is also called an ‘overdue’…
A bond loan may sound complicated, but it simply means that you lend money to a company or government agency. There is often a compensation against this, ‘the coupon rate’. In this article we explain this and other financial terms. You will also find out what the advantages and disadvantages of a bond loan are. How can I earn money with a bond loan? With a bond loan one speaks of yields. You increase your assets on the basis…
To buy an apartment or house in Monaco – means to give yourself the opportunity at any time of the year to enjoy your vacation on the Cote d’Azur, and perhaps even open your own business here. But it often happens that we do not have enough finances to make our dreams come true. In this case, you can get a loan to buy real estate in Monaco . Bank policy Local banks are free to issue mortgage loans…