August 19, 2019

What can savers do against the low interest rates?

While aspiring builders and homebuyers look forward to the lowest ECB prime rate ever, more and more savers are dealing with fear. The reason is the extremely low interest rates on savings, the interest rates are alarmingly low. Many citizens are asking themselves why they should even save at all. Savings over time lose more Saving, of course, makes sense, after all, it is always good when there are financial reserves for later times. However, an acceptable return should be achieved, since it is annoying when the return on inflation is destroyed and thus the savings over time lose more and more of purchasing power. Interest rate market There is…

August 5, 2019

Reasons Why You Should Check Your Credit Report

Your credit report provides detailed information about your credit history and when requesting a loan, the content of your report can make or break the deal. Many people recognize the importance of a good credit score, but neglect to follow their own. People live busy, hectic lives, and often their credit profile is the last thing they think about. However, ignoring your credit report can cause family problems. So much can affect your score, and the more you know about it, the better. If you keep an eye on your credit, you can buy a house, secure a job, and save money on insurance. Every year, every consumer is entitled…