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Debt consolidation loan is one of the debt settlement process where you can reduce your interest rates with a new loan. You can clear all your current loans with this low interest loan.

Finance | Answered 16 hours ago

Tip

Pros and cons of home equity loans


There are some really great benefits to taking out a home equity loan. First because the loan has a fixed interest rate there will be no fluctuation as the economy changes. The money that you borrow in a home equity loan can be used to pay off credit cards and will help you to consolidate all your debt into a single payment that you make monthly. Even though the interest rate on a home equity loan may be higher than that of your mortgage it will still be lower than if you were to use credit cards to pay off your mortgage. And finally the interest on the loan may be tax deductible and depending on the use of the loan you may be eligible for leeway in deducting the interest.<br><br>At the same time there are a few things that you have to keep in mind before you take out the loan. When you take out a home equity loan you are borrowing a whole lump sum unlike home equity line of credit in which you only borrow as much as you need. You will want to be careful what you spend the money on, if you were to spend the money on remodeling your house then you have a greater chance of the value of your house appreciating as opposed to buying a car that as soon as you drive it off the lot beings to depreciate in value. Probably the most important thing to keep in mind is that when you take out a home equity loan your house is held as collateral so in the case that you are unable to make payments then you will lose your house.

2 days ago | Finance


Deductible is the amount that the insured must pay out-of-pocket before
the health insurer pays its share. For example, policy-holders might have to
pay a $500 deductible per year, before any of their health care is covered by
the health insurer. It may take several doctor's visits or prescription refills
before the insured person reaches the deductible and the insurance company
starts to pay for care. Furthermore, most policies do not apply co-pays for
doctor's visits or prescriptions against your deductible.


http://en.wikipedia.org/wiki/Health_insurance

Finance | Answered 2 days ago


For your life insurance policy needs, check out Bharti AXA life. It gives you the best and most complete coverage, check the website for more.
https://www.bharti-axalife.com/

Finance | Answered on Oct 10, 2019


Your primary concern is the rating of the insurance company am best is the best recognized rating agency. The rating is the likelihood of the insurer's ability to pay your claim, should you die. Beyond that, it's just about price. Do not buy whole life insurance for any reason

Finance | Answered on Oct 07, 2019


Yes, you really do. "Not only will a good policy save you money in the event that something happens to your home or belongings, an insurance company can also help you with other matters, like making your home more resistant to natural disasters. And though having homeowners insurance isn't required by law, mostmortgagelenders require you to have homeowners insurance in order to borrow money from them. If you live in acondominiumorco-op, you may also be required by your tenants' association to have homeowners insurance. Even if you have a relatively new, well maintainedhouse, homeowners insurance can help you in situations that may not be preventable. Say, for example, that you are having a dinner party at your house. A group of guests is gathered on the back patio, and one of the guests trips on a loose tile and breaks his ankle. You, as the homeowner, are potentially liable for the guest's injury. The right homeowners insurance policy should protect you against legal action and pay for the injured man's medical bills." From http://home.howstuffworks.com/real-estate/homeowners-insurance1.htm

Finance | Answered on Oct 05, 2019


Term Insurance calculator, calculates premiums based on input of age, gender, sometimes occupation , marital status at time of application. Term Insurance has no investment value other than pay on *****. It is a pay as you go insurance that may lock in a premium for a determined period of time. Can be good for children and young people. Usually it is more expensive the older you are when you apply.

Finance | Answered on Oct 03, 2019


Might be. Depends on your circumstance.

Finance | Answered on Oct 01, 2019


I don't think that's how life insurance works, but you'll have to talk to the company your with. I would call them up and ask the questions you have to them directly. They have all of your information, and your policy, so they will be able to tell you how it works better than anyone on here would. Life Insurance Advantage Insurance

Finance | Answered on Oct 01, 2019

Tip

The difference between Term Life Insurance and Whole Life insurance


The main difference between Term Life Insurance and Whole life insurance lies in what happens to the money.<br><br> In Term Life Insurance, you pay the monthly or yearly fee. If you die when the policy is active and paid, then your family will be covered and receive the amount which you have insured. If you don't die before the policy expires, you (or your family) receive nothing. <br> The premiums are lower than Whole Life Insurance but they change as you age.<br><br> Whole Life Insurance (AKA Cash-Value Insurance) has both insurance policy and Investment account.<br><br> The premiums are higher than Term Life Insurance but they are fixed (you pay the same premium even when you age). If you die, your family receives the death benefit but you can also cash the money when you are older or retired.<br>

on Sep 30, 2019 | Finance


It really depends on your age. Age is a major factor in life insurance. It also depends on the coverage you are seeking. But if you are in your 30s, it may be around $20-30 per month.

Finance | Answered on Sep 28, 2019


good debt refers to what you borrow the money for !

for example borrowing $50 k to by a car that will devalue over time is bad debt.

borrowing $50k for an asset that goes up in value over time or retains its value is a good debt. Over time the debt reduces if you pay off the principal while the asset goes up in value.

see
https://www.investopedia.com/articles/pf/12/good-debt-bad-debt.asp

Finance | Answered on Sep 28, 2019


There are three main types of liability insurance general, product and professional. General insurance is meant the protect your business from claims involving accidents, injuries or negligence. Product protects your business if there are injuries caused by one of your products. Professional is for companies that provide a service and can be blamed for malpractice or negligence.

Finance | Answered on Sep 28, 2019


FDs or fixed deposits have quite a few benefits for investors.

  1. Not volatile -FDs are considered the safest investments as the interest rates or not volatile and the market forces have no effect on them.
  2. Assured Returns on Maturity - You invest a sum with a bank or NBFC and earn an interest on the principal for the time you invest your funds in it. After the completion of the tenure your amount is said to be matured and you can get your amount after the maturity period. In short, your returns are assured.
  3. They are Insured - Ds are insured as per the guidelines of the RBI. That means even if the bank or NBFC is defunct even then your FD is safe.
  4. Take a Loan - You can take a loan against your FD. Since it is extended as an overdraft, you can continue to earn interest on your FD.
Invest in Multiple FDs - Invest in as many FDs and in as many banks as you want. There is no restriction on that.

Finance | Answered on Sep 27, 2019


Looking for an best bookkeeping service with quality bookkeeping contact bookkeeping services Newcastle To provide you with effective bookkeeping services we need to understand your business. No matter where your business is in the heart of Newcastle, Wallsend or Charlestown, we come to you to undertake an initial appraisal of your needs.
Bookkeeping's business moves effortlessly to handle every aspect of your bank reconciliations, accounts receivables accounts payables wages. BAS IAS to provide relevant financial information to you.
And we love clean ups and fixing up years of bookkeeping work.

Finance | Answered on Sep 27, 2019

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