The Productivity and Innovation Credit or PIC has been designed for improved Singapore tax deductions. These deductions allow savings on Singapore taxes on a great deal of expenditures. All business will be able to qualify for these tax credits. These expenditures for these credits include the following:1. Training - Companies will receive a tax credit of 250 percent of their expenditures on qualified programs to train employees. The credit is...more
There are many borrowers in United Kingdom who cannot properly pay back the loan amount. They fail to respect the agreement made with the lenders. They pay late and they pay less. They are gradually tagged with defaults, CCJs, IVAs, arrears, bankruptcies etc. They build up history of bad credit in time. The lenders hesitate to offer them fresh...more
Your credit score is an integral part of your financial life. It is important that you understand what it's all about. Lenders, landlords, insurers, utility companies and even employers look at your credit score. It is derived from what's in your credit reports, and it ranges between 300 and 850.Yet, according to a survey that was recently conducted, nearly half of all Americans don't know how these scores are derived or even what factors are used to come up with them.For example, if your credit score is 580 you are probably going to pay nearly three percentage points more in mortgage interest than someone who had a score of 720.Or another way of looking at it, if you had a $150,000 30- year fixed-rate mortgage and your credit score was good enough to qualify for the best rate, your monthly payments would be about $890. This is according to Fair Isaac, the company that created the FICO score and who the rate is named afte (Fair Isaac COrporation). If your credit is poor, however, it is very likely that you would have to pay more than $1,200 a month for that same loan.With so much depending on the credit score, it's important to understand what it is all about and what are the...more
So, what's the moral of the story? Selling weird stuff is, well, interesting to say the least. It keeps people on their toes. But, if you want to make a real go of it, make sure you have a business plan and make sure you have international...more
A Credit Suisse Bank of Switzerland publication released June 2010 pinpointed 8 reasons why the price of gold will continue to trend upwards for in the coming years. This article takes a look at 5 of those reasons. It is sure to make interesting...more
If you're one of those lucky people who have never missed a single credit card or loan repayment, then you don't need to worry about the term 'adverse credit'. In this article, we are discussing the ins and outs of the term 'adverse credit',...more
If you are a borrower with a history of unsatisfactory credit transactions, the lenders will describe your credit history as "adverse". The expressions "poor credit", "bad credit" and "sub-prime" all describe exactly the same situation. This leads to...more
Are you languishing under the past mistakes you made towards repaying old debts and now carry a blemished history? In such a circumstance, bad credit unsecured loans can be an option as these are designed for people who are in need of money but the...more
The information in your credit report helps lenders decide how much they will let you borrow and at what interest rate. It has a significant impact on personal finances, influencing mortgage and credit card interest rates, insurance rates and even...more