Residual debt insurance Austria: credit default insurance

Loans need security, no question about it. Therefore, credit intermediaries and banks in Austria always check the creditworthiness of the borrower before taking out an installment loan according to strict guidelines. On the one hand, this serves the security of the consumers themselves. On the other hand, of course, the respective bank also protects itself against possible payment defaults as…

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Life changes with the first home loan

In Colombia, the bank portfolio is divided into four categories, one of them being the housing portfolio. A large number of people have the financial objective of acquiring a home, which is achieved, in the vast majority of cases, through credit. People who obtain their first home purchase credit not only achieve greater personal and family well-being but also develop…

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