Author: Michael Cross

Loan for a flat for a large family

The number of children in the family affects the creditworthiness, but also the level of payments in the “Flat for the Young” program. Their amount can be up to 20% of the value of the property, provided that the third child is born within 5 years of purchasing the property in MdM.   Creditworthiness and…

Credit, loan or overdraft?

Conducting classes with young entrepreneurs I realized that for many a loan, loan or overdraft limit means the same thing, i.e. money from a bank. Is this really the case in practice? Unfortunately not. A similar attitude is presented by many entrepreneurs whom I meet every day in my professional practice. It has already become…

Reasons toget a debt consolidation loan

Bank is digesting the acquisition of AstroFinance, which will increase its branch network by 25 percent and help raise more House and retail deposits. In May 2010, Astro Bank’s branch network had crossed the 2,000 mark, compared with 1,419 at the end of March 2009. Debt consolidation loans But the borrower cannot worry about choosing…