The individual cannot evade accountability for debt but the government and the lenders could do a lot to help people with shaky math understand the consequences. Legislation should make it obligatory for credit card statements to give how long it would take to pay the current debt off if only the minimum payment is made … Read more
In order not to stand at a disadvantage with your tenants in the future, every landlord must take due diligence when putting up a tenancy contract between the tenants and himself. You might need to consult an estate broker or a lawyer on this issue so as to do a good job. However, the two … Read more
Many Westerners believe that living debt free is an unrealistic and unreachable goal these days. They live above their means and abuse credit like there is no tomorrow. Some think that it is OK since “everyone else is doing it”. Others underestimate the interest rates and don’t realize how much more they will owe in … Read more
Late payment charges have always been an issue among corporate credit and finance executives. Charging customers a penalty for paying their invoices late and the effectiveness of doing so have been topics. Should your company assess a charge to customers that pay late, and what should you call that charge? In one survey of more … Read more
As a landlord you will have to become accustomed to collecting late payments. The fact of the matter is that you are going to run into tenants who do not get their payment to you on time. This happens time and time again, and you should be ready to deal with this issue before you … Read more