Loans and Credit

Do you want to know if a write-off is bad for your credit? My experience indicates that receiving a debt write-off will negatively affect your credit score going forward for a maximum of six years.  For further details, view our credit reports and fact page on credit reference agencies. When a creditor writes off a […]

Would you want to know how long a late mortgage payment credit report is? From what I’ve experienced, Your credit report will show late payments on it for seven years from the date of the original late fee.  You can pay off late bills, but the delinquent payment will stay on your credit report for

Would you want to know how long can mortgage payments be deferred? In my experience, mortgage payments are usually put on hold for three to six months.  However, the length of time could be longer or shorter based on your finances. When the suspension is over, borrowers can repay the amount they missed in a

Do you want to know how a 100% tax write-off works? Have you ever thought about what a “write-off” really means? And how does a tax deduction of 100% work? My knowledge leads me to believe that any legitimate expense that may be deducted from one’s taxable income during tax time is a write-off.  This

Would you want to know about hedging strategies in the stock market? Hedging means taking out more than one position simultaneously to protect your stock from changes in the market that could be risky or unclear.  To do this, you must balance losses in one spot with gains in another. Hedging techniques are meant to

Would you want to know about hedging strategies for currency risk? From what I’ve seen, the hedging strategy is a trading method that shields a business from potential losses by protecting its position in a currency pair by using currency options to assure minimal risk in exchange for low returns.  Depending on the investment or

Would you want to know about hedging strategies for commodities? From what I’ve seen, a hedge is a purchase that lowers the risk of bad changes in the prices of commodities.  A typical way to hedge is to hold an opposite position in a swap or a related property.  For instance, if the price of

Would you want to know about hedge funds and etf? From what I’ve seen, Hedge Fund ETFs make it easy for buyers to use the same trading and investing techniques that hedge funds do.  Long/short, controlled futures and merger arbitrage are a few of these tactics. Many people put their money into hedge funds, ETFs,

Would you want to know about electronic payments vs checks? From what I’ve seen, there are still some problems to solve before digital payment choices can completely replace cash and checks, even though they have many benefits.  Aside from the exchange fees that come with accepting credit cards, one of the biggest problems is making

Would you want to know about electronic payments vs ach? The primary distinction between ACH and EFT payments is that ACH payments pertain exclusively to a particular form of digital payment.  In contrast, EFT payments encompass all digital payments. However, both are digital payments, and ACH is an example of an EFT payment.  ACH (Automated