Magnet Investments

NetBank Lowers Interest Rates

Effective for 4.99 percent. Annual percentage rate the NetBank offers their loans for up to 12 months. Sofortkredite.NET reports: move the interest rates for credit offers. So the next cut of in interest rates of the NetBank AG follows within one month It had already reduced the interest rates on their credit offers on February 23, now follows the next cut. What is rather negative on one side for consumers that interest rates on call money and term deposits through the development of the federal funds interest rate have decreased continuously over the past months, in turn positive effect on the credit market. Here the money loans for consumers with credit institutions will be cheaper. Loans are more attractive, and consumers can affordably meet a request in this way.

Between 1.000,-EUR and 50.000,-EUR, NetBank customers can borrow money. Interested customers will receive an instant credit, which runs up to 12 months, annual percentage rate 4.99 percent more effectively. If customers for up to 72 months to pay off their loan amount, then this 6.39 percent pay effective annual rate of interest. A credit costs in addition up to 84 months 7.99% APR. The interest rates of the NetBank depend only by the runtime. This means that every customer can expect the offered interest rates. Usually, the cheapest interest rates, a credit institution are advertised. But if customers then get an obligation-free credit offer, they may find with horror, at once the credit interest rates can be as high if there is maybe not the very best credit. NetBank customers can rely on the offered interest rates. Thus the supply of credit in the NetBank is recommended by itself, because a percentage of 4.99 percent APR for up to 12 months is a very good offer, as shown in the comparison on loans for selbststaendige.html especially for the self-employed.

Tags: insurance & pension, money

InveXtra

That the money was gone easy, when Lehman Brothers went down, came as a slap in the face. Similar to Thousands of bank customers fared. No day without new horror stories of investors who felt cheated and lied to by their banks went by since the collapse of the Bank on September 15, 2008. And lawyers are convinced: it is only a matter of time before the next huge scandal. “I knew no mechanisms that will prevent the entry of such scenarios,” says about lawyer Matthias Schroder from Frankfurt.For many investors protection certificates are works of the devil.

The papers are far too complex, that she declared a layman in a normal consultation and of this outraged is lawyer Bjorn weigh “then also still could be monitored” by the registry tree tab & Collegen. After a certificate test, the magazine “” came to the conclusion: “No one understands”. “We have looked at the terms of payment and are of the opinion that many of these products do not are likely to be sold the most private,” it says in the report.” FINANZtest recommends that Mutual funds, as well as the independent brokers InveXtra as an operator of the website, as these many advantages in offering security, transparency, yield and cost. Investors should therefore take the differences of financial products such as certificates and investment funds under the magnifying glass. Comparison of certificates and investment funds 1 credit funds is the invested capital as assets in bankruptcy of the fund company. This does not apply to certificates: in case of insolvency of the issuer, the investor can go completely blank. 2. Security investment funds offer investors security.

In addition to a State supervision (BFin), also the custodian is a control and monitoring function. In addition, the half-yearly and annual reports of the Fund be certified. Certificates examine only the prospectus by the BFin on completeness.

Tags: insurance & pension, money