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Showing posts from January, 2008

Equity Loan

Q: What do you mean by Equity Loan? A: Equity Loan is the loan that we can get against the shares and securities we have. Q: Which one is better - Home Equity Loan or Home Equity Line of Credit or a Personal Loan? A: Home Equity Loans can be get with low interest rates as compared to the personal loans. You will also get a fixed amount which you had to be repaid. After, your repayment is completed you need not to access the funds again. For getting personal loans you have to pay with high interest rates. Home Equity Line of Credit is reusable and you will get reasonable and fixed payments with low APR. Q: How can i be able to get the equity loan, Can i get it against my home? A: No, Equity loans usually means shares and stocks, equities, govt. bonds, etc. you have. Though, you can ask the finance company to get loan against your home. Q: I had home equity loans with variable rates and high interests. What should i do to overcome it? A: There are a lot of loan options available from ho

Online and overseas banking faq

Q: How can i open up an account for overseas banking? A: You can't easily open up an overseas bank account as there are several restrictions in doing so in various countries. Secondly, the fees will be too high. You can open up an online bank account for overseas with Scott-Trade, E-Trade, Schwab and more. Q: Can anyone tell me if it is possible to borrow mortgage from overseas banking? A: Yah, you can borrow the amount of mortgage through overseas but there are several conditions being applied for it. Also it will prove costly to you. Secondly, due to fluctuation of the currency exchange market rates regarding the interest rate charged for your mortgage repayment will also increase double or triple with time. So, Think about it and then go with further procedure. Q: Is online banking safe and secure for doing various transactions? A: Online banking is completely safe and secure. I also used online banking for more than five years and i had no problems about it since yet. Its also

Gold Prices

Q: What is the reason of increasing gold prices in today's market? A: Whenever the currencies in the international market are going down like dollars are going down these days, then the gold being the standard currency all over the world demand and supply is more and more and hence the gold prices are going up and up. Q: Is it better for me to purchase gold these days in USA as gold prices are going higher and higher? A: Hmm, Gold prices are so much fluctuating these days and it seems to be the future gold price being higher more and more. Also the gold prices vary from location to location with a little bit difference like there will be different rates of gold in California,Texas or in London. So, better to buy it now before the prices go much higher. Buying Gold coins is a better option for investment. Remember to purchase the gold coins only from the trusted banks. Q: Does anyone knows that is there any relation between the gold market price and stock Exchange Sensex? A: I thou

Remittance

Q: What is the meaning of remittance? Can someone tell me about any remittance processing service provider companies? A: Remittance means the process of sending or transferring money to your near and dear ones who lived overseas. It proves to be an important source of income for the developing and emerging market, receiving country, according to the world bank. Remit2Home, Western Union and Money Gram are some of the major companies that provide remittance processing services. You can also get remittance services online. Q: What do you mean by Remittance Advice? A: Remittance Advice is a mode of the payment you received from the sender and for what purpose. If you look at the bottom it will look like a bill or check that tells the complete details of the payment. Take this to your bank and they will process it and credit it in your account. Q: Federal Remittance - What does it mean? A: Federal Remittance simply means the amount of money paid by the federal government in terms of taxes

Prepaid Debit Cards

Q: What are prepaid debit cards? Is it necessary to open a checking account or saving account before applying for that card? A: Prepaid debit cards is the card which denotes that you have some stored amount of money in the name of your account which doesn't draw any type of interest. With this debit card you can purchase only of the amount you had in it, further spendings can let you in debts. There are millions of debit cards so it depends upon the type of debit card you are going to apply that it needs to open a saving or checking account in the bank before applying for it. These prepaid debit cards also helps you in building your credit history and a good choice to go with. You can also apply for these universal prepaid debit cards online. Q: Can i use prepaid visa debit cards worldwide or to set up my pay pal account? A: The prepaid visa debit cards can be used anywhere if there is a logo of visa or master card and on the places where these visa debit cards or master cards are

www.mytributecard.com FAQ

Q: Can anyone tell me about how to access mytributecard.com for getting some information about my account? A: If you have tribute credit card then there will be the bank information on the back of the card. You can also get the complete info about your card in your bank statement. Visit the mytributecard.com, if you are unable to access it then it could be that there are your browser problems. Check whether the javascript is enabled or you browser has put this site in the trusted sites or your spyware is not allowing this website. Hope it will work. Q: Will everyone have to pay www.mytributecard.com annual fees or its me only? A: Yup, mytributecard company charges some annual fees to all the customers from their available credit. It may be about $150 per year which you can pay per month in installments or once in a year. Try to pay each of your debts in time so that you can't have to face any problem about your tribute credit card.Check customer care. Q: I had got a pre-approved ww