Tag: interest

So you can escape the dangers of credit card ‘revolving’
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So you can escape the dangers of credit card ‘revolving’

A credit that presents a high risk of causing a spiral of indebtedness from which it is very difficult to get out. In this way the financing could be summarized revolving that, behind the innocent appearance of a regular credit card, hides dangers that are often unknown to its holders. The Association for the defense of consumers and users of banks, savings banks and insurance (Adicae) has counted more than 200 credits of this type, more than a year after the Supreme Court established the usurious nature of the interest rates applied by a of these cards. The experts explain how to recognize them and what to do if you have had a problem with them. Clarifications in this area are not enough. "The cards revolving they are usually hired at the door of a department store, a gas station or ...
Renewable energies: the government is attacking the solar “rent”
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Renewable energies: the government is attacking the solar “rent”

Nothing works between the State and solar professionals. The government has just sent them a letter specifying the amount of reductions in electricity feed-in tariffs for the oldest photovoltaic plants. This concerns 700 parks, built before 2011, which should register a reduction of half of the subsidies granted at the time for a period of twenty years.An exorbitant cost for the public authoritiesThe objective is to make budgetary savings of the order of 300 to 400 million euros per year. The 235,000 first-generation photovoltaic parks, which saw the light of day before 2010, represent less than 5% of solar production and 0.7% of total electricity production, but cost a small fortune to public finances. In all, " 2 billion euros per year until 2030, ie 38.4 billion eur...
Find your motivation
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Find your motivation

Aurélie, 43, is no longer interested in her work. In the aftermath of the holidays, the recovery is difficult for this sales manager specializing in hair products. The Sunday night blues and the Monday morning torture are even worse when you return from vacation. “I feel like my job doesn't make sense,” she explains. Since I am well paid and a lot of companies are laying people off, I feel stuck. So I try to make good heart against bad luck, to be efficient, pleasant. But I slip into depression. I don't even have the energy to look elsewhere. " For further Pierre Blanc-Sahnoun is the author of The Art of Coaching (InterÉditions, 2006). They are blog: www.cooprh.com/blog Decr...
The risks of ‘revolving’ cards: keys to avoid 30% interest
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The risks of ‘revolving’ cards: keys to avoid 30% interest

There are only a few weeks left until summer, a time when expenses skyrocket for the holidays. This year, the summer period coincides with a relaxation of the strong restrictions on mobility and social interaction imposed by the pandemic and a return to an almost old normality, which will be accompanied by an increase in consumption. Credit cards are the great ally of consumers and more in a crisis situation, in which "they can serve to alleviate the lack of money of many family units, especially if access to credit is hardened", points out Antonio Gallardo, financial expert in iAhorro. However, consumer associations warn of the risks of these debts and especially those contracted with the so-called cards revolving. What is the difference between a credit card and a 'revolving'? Those w...
Teaching with virtual reality can quadruple knowledge retention
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Teaching with virtual reality can quadruple knowledge retention

The premise is as simple as it is didactically perfect: learn in interactive environments that seem real, where mistakes can be made without suffering their consequences and which can enhance the effectiveness of learning. Virtual reality (VR) is no longer a futuristic idea to offer immersive experiences with immersive images and sound that allow the student to experience each situation from different points of view, analyze the consequences of their decisions and even the time it takes to respond to every question. And the best of all is that it makes it completely accessible, since, although there are VR glasses from 300 euros (standalone), there are also plastic or cardboard from just eight, which work by introducing them into they are the user's mobile phone and with a more than acc...
Kaidanov’s deep elegance
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Kaidanov’s deep elegance

Gregori Kaidánov (Ukraine, 1959) is an excellent example of what many high-level Soviet chess players suffered to rebuild their lives in the United States, where he emigrated with his wife and three children in 1991. It was his second attempt, despite the trauma suffered in the first (summer of 1990): two robberies by assault in the street during its first day in New York; In addition to his personal belongings and savings, Kaidanov lost ten years of written analysis. But he insisted, and obtained the help (essential to obtain the residence visa) of the organizer Ken Troutman, who also found him a job in Lexington (state of Kentucky). The investment was very good for his host country: he won the World Open in Philadelphia and the US Championship in 1992; the gold medal, with the natio...
If you are looking to lower the mortgage, take it to another bank
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If you are looking to lower the mortgage, take it to another bank

Requesting a mortgage with the bank of your life and staying with the same conditions until you have paid back the last cent is something less and less common. There are two ways to lower the final cost of a mortgage loan: make a novation, that is, agree on improvements with the same entity that granted it, or accept a more advantageous offer from another bank and transfer the mortgage there, without spoiling Its age. Or, what is the same, make a surrogacy. In an environment of low interest rates such as the current one, it is logical that users with an old loan look for the opportunity to reduce the fee they pay each month to repay it. Likewise, entities take advantage of the situation to attract more clients and remove them from the competition through creditor subrogation (this is c...
The Euribor closes April at negligible levels and cuts the cost of old mortgages
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The Euribor closes April at negligible levels and cuts the cost of old mortgages

As long as the monetary policy of the European Central Bank (ECB) remains unchanged, the index to which mortgage interest rates are linked will remain stable at very low levels. This is the experts' forecast for the Euribor, whose monthly average - in the absence of Friday's data - closes April at -0.483%, just 0.4 basis points above that registered the previous month and very close to -0.505% to which it fell in January, its all-time low. A Euribor on the ground not only directly affects variable interest rates, but also pushes the cost of fixed mortgages down, on which both banks and their clients are betting heavily. What is obvious at first glance is just how cheap variable mortgages have become. The Euribor -in negative territory for more than five years— subtract instead of ad...