Interest rate

amabaie's picture

0% APR Credit Cards: Are They For Real?

Submitted by amabaie on March 7, 2013 - 3:46pm

Minutes of the monetary policy meeting held on 17 December 2012

At the monetary policy meeting on 17 December, the Executive Board of the Riksbank decided to cut the repo rate by 0.25 percentage points to 1.0 per cent and to adjust the repo-rate path downwards.

Brits Avoid Disclosing Their Bank’s Statements

According to a financial study, it has been revealed that one out of three Brits avoid opening their bank statements because they feel unwilling towards facing the situation of their finances. Reports also revealed that about 20 percent of UK reluctant to see their bank statements or make delays to look at their financial statement. They even avoid opening envelope send from banks.

Brits Avoid Disclosing Their Bank’s Statements

According to a financial study, it has been revealed that one out of three Brits avoid opening their bank statements because they feel unwilling towards facing the situation of their finances. Reports also revealed that about 20 percent of UK reluctant to see their bank statements or make delays to look at their financial statement. They even avoid opening envelope send from banks.

New survey shows more Brits improving financial literacy because they don't trust money 'experts'

- Over half of Brits think that understanding how the financial system operates will help protect their assets from future banking crises and bad investments, while close to 80 per cent now believe financial literacy is necessary — to prevent bankers and other financial professionals from “taking advantage” of the public's ignorance -

Fifth Third Bank Accused of Consumer Fraud

Has Fifth Third Bank been charging illegally high interest rates on loans?

A class action consumer fraud lawsuit has been filed in Cleveland against the bank, accusing the organization of illegal activity. The issue, as the Business Courier describes, questions whether Fifth Third charges “fees” or “interest” on its Early Access loans. The loans are essentially cash advances on the borrower’s paycheck.

Minutes of the monetary policy meeting held on 5 September 2012

The Executive Board of the Riksbank decided at its monetary policy meeting on 5 September to cut the repo rate by 0.25 percentage points, to 1.25 per cent, and to adjust the repo-rate path downwards.

Repo rate cut 0.25 percentage points to 1.25 per cent

Growth in the Swedish economy is now slowing down after an unexpectedly strong outcome so far this year. During the summer the krona has appreciated faster than expected and productivity has also been unexpectedly high. Inflationary pressures are therefore expected to be lower than was forecast in July. The Executive Board of the Riksbank has decided to cut the repo rate by 0.25 percentage points, to 1.25 per cent, to prevent inflation from being too low in the coming period.

Syndicate content