How to Get a Business Loan for a B&B
When you are running a business, it may be inevitable that you need to borrow money at some point. This is also true for those running a bed and breakfast, or for someone trying to open one. There are many avenues to explore when you need to get a business loan for a bed and breakfast.Explore your options with the Small Business Administration online. The... read more...
What Is Credit Limit On A Credit Card?
Credit limit on a credit card - this is nothing but a maximum amount within which the bank is ready to provide a loan to the client. Simply put - this is the limit in which the credit institution trusts his borrower.Limit on a credit card is renewable - when the customer returns spent money to the bank, it can take them again on credit. That is, once issued... read more...
Before you sign that mortgage renewal offer, think carefully about your options
There’s a one-in-four chance that, if you’re among the 5.7 million
Canadian households with a mortgage, you’re going to receive a letter in
the mail this year telling you it’s time to renew.
TD Bank Financial Group said the number of renewals each year has climbed to 25 per cent as homeowners have switched to shorter terms, leading to more... read more...
Economy collapses again after Top Cat fails to pay his mortgage
The economy is in tatters again this morning after banks made billions in unsecured loans to a homeless cartoon cat.
Top Cat, whose close friends get to call him ‘TC’, was given a Triple
A credit rating by ratings agencies Fitch and Standard & Poor’s,
despite him living in a dustbin.
Top Cat’s debt was then leveraged against a complex basket of... read more...
Barclays offers 0% deposit mortgage to home buyers
The no-deposit mortgage has returned, with Barclays removing the need for buyers to put down any deposit when buying a home using its "family springboard" mortgage.The deal had previously allowed people to climb on to the property ladder with a 5% deposit, provided that a "helper" - often the home buyer's parents - puts cash equating to 10% of the house... read more...