If you are particularly a Ugandan in the diaspora or have awareness of the interest rates in markets such as the US and the UK you will know that the Bank of England’s base rate is 0.5%. The Fed rate in the US is presently 0.25%. This is the rate […]
Finance
In Foreclosure? Ask For a Loan Modification
Facing foreclosure can be overwhelming and scary, but by taking the right steps you may be able to keep your home and save your credit. The following information is provided to help give you a better understanding of loan modifications. Overview of Loan Modifications A loan modification is one of […]
Hiring An Interior Designer Is Not An Expense, But An Investment
Want to decorate your home or office? Looking for some out-of-the-box ideas to transform your space into something extraordinary that reflects your warmth and personality? If yes, so, you should hire an interior designer. Though, most of the people think that investing in an expert is an expense, which it […]
Friendship: An Unbreakable Bond Between Two True Friends
What is friendship? It could signify a special platonic bond between two people. Friendship could mean many things. It is doing things together; sharing a secret, laughing at some corny joke, texting just to say “Hi”, or someone calling to find out how you are, and leaving a slice of […]
Refinancing Your Mortgage – Is It The Right Choice For You?
Mortgage refinancing is an option for many homebuyers who are paying interest rates 2-3% or higher than what they can find today, or who need additional cash. Were you a first time homebuyer or you had poor credit the last time you obtained a loan? Now you are on your […]
Comparative Banking – Will Non-Interest Banking Succeed?
1. INTRODUCTION Islamic Banking or non-interest banking as it may be called could be simply understood to be a banking process where interests are not charged. Earnings on money lent can only be realized from a definite value creating process. Thus, non-interest banking legalises only profits. All other forms of […]
Credit Card Interest Rates – Why It’s Important To Understand How They Work
Einstein put it best when he said, “Compounding interest is the greatest mathematical discovery of all time”. Now the question you need to ask is, “Do I want this force working for me or against me?” If you own a credit card and you carry-over balances from month to month […]
How Do You Obtain An Unorthodox Loan?
An unorthodox loan is defined as a loan that is not obtained through the common lenders or through the common channels. It may be a situation where your income is variable, your purpose for the loan is not conventional, you own a business or a loan is for investment purposes. […]