ROUND TRIPPING Introduction: Round Tripping refers to the capital belonging to a country, which leaves the country and is then reinvested into the country in the form of FDI. This route attracts a lot of incentives, which are: Firstly, enterprises set up through FDI enjoy … Read more
Loan Modification is the process of modifying the current terms of Loan or Mortgage so as to bring the interest rates down so as to save the American Homeowners from foreclosures. How ever according to some news reports it was feared that modified loans can greatly lower the credit scores, affecting the chances for taking … Read more
The Conference Board’s index of Consumer Confidence improved to 49.5% from a extensively upwardly revised level of 48.7 in October. Originally, the October level was at 47.5%. Consensus expectations were for the consumer confidence level to actually fall to 47.5%. The index saw a big enhancement from dismal levels during the spring, but since May … Read more
How well do you know your credit payment history? Though FICO is not sharing the exact formula they use to calculate your FICO or credit score, they will say that there are five major categories. Your payment history counts for 35% and is the most heavily weighted category in the calculation of your score. There … Read more
It is very important that a liability holder manages his payment schedules in an organized manner. In case of a secured debt when a person takes a loan, he is very much aware of the installments which have to be made in a timely manner. After certain duration of nonpayment, the guarantee submitted by loan … Read more