Corporations

The crisis Ninja

A few days ago by zapping on TV by chance tune with a program in which they were interviewing the professor Leopoldo Abbey. Perhaps the name does not sound input, but it is certain that it was aware of his famous theory “The Crisis Ninja”. It analyzes the origin of the global financial crisis. In the next video clip of the professor Leopoldo Abbey exposes so masterful his famous theory on the collapse of mortgages.

How to get good mortgages

Deciding on a bank or financial institution when applying for a mortgage or loan is not easy. Currently, banks tend to deny applications for mortgages, so that access can become a genuine odyssey. However, although the requirements for access are very strict, we must not get carried away by the first offer that we see.

Is why today we want to give you some important advice that you should not let pass when applying for a mortgage:

• A key concept is the differential of Euribor, which gives us the bank. This differential acts on mortgages and mortgage loans as a margin agreement that applies to the index of our mortgage. Although the difference is usually not very wide (SAD ago homogeneous conditions of the various offers mortgage loan from banks), a first step would be to go to that financial institution that has a greater margin of maneuver in this direction or that At least we are giving more or advantages.

• Every customer has the right to revise the terms of their mortgage with the aim of reaching an agreement with the bank or savings bank. This is known as novation and can be very useful to reduce the interest rate or payment deadlines agreed. It is important to dialogue and to be aware of what our financial situation. Everything can be improved.

• If a bank or cash offers us a mortgage at very low interest rate, we will have to pay special attention to the total commissions and the time in which we will be forced to remain in the bank. Sometimes the fees can be very low, but it can be assumed to be twice as many years linked to a financial institution. In addition, you may have a degree of demand and cost of other banking operations will increase: direct debit from the payroll, account opening, credit cards …

• By signing a mortgage must be clear about the number of payments that we will have to do, and what are the guarantees for ensuring payment of the loan. Sometimes a bank can ask a guarantee much higher than our total mortgage debt. Such operations can be very dangerous so you do not accept them.

• We must never get carried away by the panic and rush. Not all mortgage deals are good. As far as possible we should accept only those who are governed by agreements made by public bodies, such as the Ministry of Housing, with financial institutions through the so-called qualified loans. These have the advantage of preventing the fees charged by banks with a disproportionate, and guarantees about lower interest rates.

• If finally achieved mortgaging is not desired it may be possible to switch to another entity. We are under no obligation to remain indefinitely in a bank that does not want. But the process is complex and quite costly, so it is important that we are sure that change is needed. Costs for change of authority are: cancellation of committee, commission and charges for opening and registration. Such operations are often expensive and hover between the 3000 and 6000 euros, which is only advisable in which case the institution has some very high fixed interest or a Differential Euribor little tight.

With these tips lograreis have greater solvency to pay your mortgage and a higher quality of life. One bad decision can be a big drag on our economic solvency.

• 
  

  Also, you may be interested …

• Refinancing
• Mortgages

The virtual shopping

Internet is one of the most effective ways to find bargains and original products. Although the economic crisis has caused a slowdown in sales of electronic products, the Internet remains strong half. One example is that it is estimated that in the United States, only during Christmas, sales over the Internet exceeding 29,000 dollars (about 23,000 million). Another curious aspect is that about 50% of sales recorded this year in products like the Wii console, the iPhone or iPod touch from Apple, have been conducted in virtual stores as Amazon or Ebay .

If you’re thinking about conducting our Christmas shopping with your computer, it is important that we take certain precautions and do not let us lead by the consumerist desire. Precisely with the idea of avoiding wasteful spending, the The Ministry of Health and Consumer has launched these days the “Buy with discretion”, which aims to avoid compulsive shopping. Essentially councils are as follows: Set a budget, make shopping list, shop without haste, read the labels, compare prices, choosing appropriate toys, not to abuse the card, keep the receipts, in opting for Internet sites with the distinctive Public ‘Confidence Online’ and buy at establishments have joined the Consumer Arbitration System.

In addition, if we are conducting our purchases over the Internet, it is important that we take the following precautions:

• Take your purchases on secure pages: A time to make a payment in a virtual store must verify that the connection is secure. This verifies that the browser’s address bar begins with “https.” In addition, at the bottom of the web page should appear a lock.

• Make sure your computer is clean: It is essential to have an antivirus installed on the computer and make regular checks. Our computer must be free of viruses and Trojans.

• Common Sense: We should not rely on any offer and page. It is appropriate to inquire about the virtual stores where we make the purchase. There are many forums that will help us make the decision. Of course, we must avoid falling into traps such as the pshising (Post pretending to be a store of confidence or your own bank to steal your credit card).

As a suggestion, and if those thinking of giving away technology products, we invite you to visit our electronics section, where you’ll find a large catalog with the best deals in Image, Audio, Electronics and Computer Science.

Life insurance

Today we speak of one of the most secure defendant in Spain, that of life. This is a policy that covers all risks that may affect the life, physical integrity or health of a person. The insurer, in exchange for a single premium or regular, agree to comply with the wishes of the insured, or those that are part of the policy, through a capital or income. This money, which varies markedly depending on the premium, usually given when the insured dies, suffers a serious illness, or when it reaches a certain age (for example if you think when you reach the age of 90 will not have money). < >

The life insurance coverage is defined in relation to a person’s life and usually covers the following cases:

Insurance for the death of the insured.

Coverage of health (both physical and mental illnesses)

Insurance survival of the insured after a certain date.

There are many types of insurance depending on the interests of the insured. We can classify them as follows:

Insurance for death: The rights associated with the policy are activated at the time that decreed the death of the insured. There are two models:

Whole Life Insurance: An insurer must comply with the clauses of the contract regardless of the time.

Insurance temporary: The insurance will be valid only if the insured dies during a time agreed in the contract. This type of insurance typically used when traveling to a dangerous country, or when the insured person is exposed to danger immediately.

Insurance in case of life or survival: The insurance must meet its obligations when the insured reaches a certain age.

Insurance deferred capital: The insurance pays a fixed amount when the insured reaches a certain age.

Insurance income: We pay an income during the remaining life of the customer.

Insurance mixed: combine insurance for the event in case of death or survival. Often the most expensive. They are divided into :

Insurance Joint ordinary: The insured must pay whether the insured dies, as if it survives a certain age.

Fixed-term insurance: The insurer must pay a lump sum determined by a given date, or if the insured is alive, well to benefit from the policy. However, if the insured dies before the agreed date, the insurance will not have to deal with compensation.

Also, you may be interested …

Life Insurance

Other insurance

If you are legal, are you legal?

“ If you’re legal, you are bequeathed l “this is the motto of the new campaign of the Ministry of Culture against the” piracy “on the internet. Cesar Antonio Molina, director of the ministry, aims to reinforce the idea that programs P2P file-sharing is illegal, and therefore prosecuted and condemned. In addition, the Ministry has published on its website a decalogue lie on the ten most widely used on the network on intellectual property. The idea end of the article is: “ The illegal attempt to deceive … No let you manipulate !, to anyone you time “.

As expected, it did not last long before the Decalogue has been refuted point by point through the main associations of Internet, blogs and other groups associated with the network. Who is lying and who is telling the truth has become something purely subjective.

Here are some of the more interesting points that have been disputed.

Get off music or movies from the internet is legal?

- Ministry : No, they are the owners of the various content who should authorize the download is free. In case you have not authorized, you’re committing a crime on private property.

– Associations: Yes, in Spain the music downloads are not illegal. In 2006 the Court of Criminal 3 Santander acquitted an Internet user on the grounds that this practice is not illegal. The judge found that there is no crime if there is no profit basis.

If I do not see the symbol © in a content on the Internet can I use?

– Ministry: No, that does not display the copyright symbol does not mean it is a material free. He is the author of which must authorize such content.

– Associations: Yes, provided there is no profit basis. In addition, a user does not have means to verify whether or not a content is protected by copyright. It’s not your fault if you do not see that symbol, but of the companies in the network.

The exchange of files via P2P networks (Emule, Bittorrent …) are legal?

- Ministry: No, to start these programs are designed to operate free of the rights of intellectual property. Any exchange of material without the permission of the owner or owners is illegal. In addition, the P2P program may pose a problem for our security, because we allow anyone to connect to our computer.

– Associations: Yes, in Spain, there is no court ruling that says that P2P programs are illegal. Nor pages that link to music or videos on P2P networks are committing a crime. The Provincial Court of Madrid made it clear this year to acquit several pages dedicated to this type of content. Today the exchange of files via the p2p system is not criminally incriminate him, provided there is no profit basis. With regard to the security of P2P networks, is the user who decides it wants to share files, or antivirus filters and activated.

The cultural industry and artists and earn enough so that does not harm anyone if no payment

– Ministry: No, the intellectual authors have legitimate right to make money, be successful and have a successful career. Piracy should not be confused with the right of access to culture, let alone without respecting the property rights of others.

– Associations: Yes, the cultural industry must adapt to changing times and changing technology. The high prices charged for movies and music prevents access to a large segment of the population that does not have sufficient economic solvency. Sometimes the prices become abusive.

The reality is that no famous artist has been ruined by the discharge. In any case he has succeeded in increasing its popularity to achieve wider dissemination. Regarding the latter, the Internet has given voice to hundreds of groups without the media make themselves known.

Fixed or variable interest

A few weeks ago analizábamos detail which were mortgages to eligible and the advantages and disadvantages of each. It must be remembered that although banks have significantly tightened its policy of granting mortgages, while still giving. On this occasion we want to develop a road map on the main differences between mortgage loans for fixed and variable.

The fixed interest mortgage loans maintain a constant interest rate throughout the life of the loan, bringing the monthly fee remains unchanged.

Its advantages:

• The amount we’re going to pay (monthly, quarterly …), remains constant. This allows a more balanced economy.

• We are protected from market fluctuations, as it rises in interest rates does not affect us in the amount to pay the mortgage.

Its drawbacks:

• When paying a fixed amount for our mortgage did not benefit from any decreases in interest rates.

• The cancellation of commissions are much higher than the variable mortgages.

• The maximum repayment terms of these loans have a higher limit (around age 15), which is to have a stable economy from the customer.

The mortgage variable interest rate are those in which the interest rate that is applied varies according to changes in interest rates on the market (the benchmark interest rate is the most common Euribor). Normally these kinds of loans have a fixed interest rate or the initial 6 or 12 months, after which is the first revision of the sort.

Its advantages:

• The interest rate we pay for our mortgage was in line with market developments. This is very positive trends downs of interest rates, although it may be negative in cases contrary.

• The fees for such loans are lower than in fixed interest.

• The repayment terms are superior (the average is between 25 and 30 years).

Its drawbacks:

• Their main disadvantage is that the interest rate is determined by fluctuations in the market. In situations of crisis or economic instability, this can be detrimental to our payments.
  

  
  

  Also, you may be interested …

• Refinancing
• Mortgages

Economy, society and time

How

¿ society varies over time? How does the succession of the world in our perception of things? What influence our actions in the future of the economy? Over the past months we have seen how the policies and economies of the major Western countries have tried to adapt to the new international situation. … But Has anything changed?

In any case there is a contrasting fact that it is as simple as observing the body’s own (as the observer of himself that sees the shift time) and the examination of the body of others (how passes in the body movement of the others) . That is, the attention of our own conscience to realize that something is changing in ourselves and in others. We, who are part of society, grow older, society, which is part of us, suffers the same problem. We thought that the pillars of our society would be eternal, but nothing is. Everything changes, and it looks like the economy being the first to give the first signs of exhaustion.

Even so, that our environment changes, and improvements we need to treat it as something positive and necessary. Both the state and we can not forget a number of realities. As far as we are concerned, the most obvious is that in the human body motion is a project idea. The time of man is, among other things, a project to move closer to a goal that the individual has been proposed to himself. All movements of the natural order of the cosmos and even move toward a goal (following some mathematical rules).

Our economic system is characterized by a freedom very similar to that of men. But we must not forget that the freedom that defines us as humans, are our own movements we moving towards a goal, not vice versa. The clearest example is that if you stumble down the street, before impact with the ground, I will make a series of movements, involuntary, to lessen the force of impact as far as possible. The question is, when the economy was starting to fall we made the moves necessary to minimize the blow?

It is key to understand that our financial system is not like a cat that throw always fall from a height of the foot. It is part of us, and therefore requires attention and care. The speculation, bad investments, and uncontrolled capitalism have done little good in this sector.

If you look at us, the time is not only manifested in our actions, but in our thinking. Being free is to move in the world within which the world has to offer or places, but above their offers and requirements. Living in the world and the world is what the man himself. The cat will never be able to decide whether to fall on their backs or legs. In any case who will be the chance to decide. Thank God that the economy is not a cat, does it?

How does a test of speed?

¿ Sure that your Internet connection really is hired? Would you like to know if your company is giving you the service you promised? Thanks to the speed test today so we can know about. Let’s see how they work.

A meter ADSL is a tool that calculates our speed up and down through an estimate on how long the user needs to download a specific content over its DSL connection. This system divides the size of the content for the time invested in its discharge, and determines which was the time spent by the connection to successfully complete the transaction.

The results obtained from the tests show the speed bandwidth available at the precise moment at which the download is done. Data that can vary depending on the quality of the signal at that time or external aspects to us. So that the data be as nearly as possible is critical that we do not have any power during the test program that we subtract velocity of upward or downward (P2P type). It is believed that the connection is optimal if the results of the test run at least 75% of the speed provided by the supplier.

There are a wide variety of test speed, since only those who recorded the descent of data, more complete than others to take numerous data throughout the process (counting the bytes transferred in each interval), to eventually offer all types of data and graphs on the characteristics of our connection.

It is our philosophy of quality and support, today inaugurated a new tool that we hope will be of great value to all our users. This is an interesting test of speed ADSL, which not only specifies the quality of our up and down, but allows dealers to know that they are best ADSL service offered in our area. In this way, not only will check if our speed is consistent with the contract, but we’ll see comparative other connections close to ours.

To use the following steps :

Except the window of your browser, close all applications that are running on your computer and restart it can speed. If there are other teams to share your Internet connection, turn it off.

Also, you may be interested …

Help for tenants

November has not been able to start worst way in the economic field.’s Monthly unemployment data show that in October the number of unemployed increased by 192,658 persons in relation to September (never unemployment had risen so much in one month). The total number amounting to 2,818,026, the 7.34% more than a month earlier and the largest number of unemployed since April 1996.

In this situation many families are unable to reach the end of the month and are being suffocated by their mortgages. That is why the government has launched a series of grants and subsidies to improve the economy of families. The program Help for tenants conducted by the Ministry of Housing is a clear example. Let’s see who comes to fund:

This is a state subsidy in order to facilitate the payment of income from rent to tenants. The aid of this grant are:

• Maximum annual: 40% of annual income, not exceeding € 2880
• Maximum length: 24 months if there are circumstances that led to the initial recognition of the right to help.
• Unable to get help again this past 5 years up.

In order to be a recipient of this assistance are:

• Tenants preferably young people who are not older than 35 years.
• Annual family income does not exceed 2.5 times the indicator of Public Income Multiple Effects. (These revenues relate to all the occupants of the house, there or not, family relationship between them).
• Annual income to be fulfilled: from a minimum of 2% and a maximum of 9% of the maximum price for the flats for rental of basic income.
• Maximum computable for housing: 90 m2.
• Presentation of the lease for approval.

All citizens of the Autonomous Communities are entitled to receive this assistance. To handle this request should address the body responsible for housing in our city and processed in accordance with the procedure to be established in each of them.

If you want to know more about the plans for housing assistance for young people you can visit the website of the Ministry of Housing .

Also, you may be interested …

Goodbye to the advertising of high-flying

A few months ago we did reflected on how the Ministry of Economy and Finance of the Community of Madrid was considering promoting a law which would open the file information to those airlines that charge extra fees for transportation of the bags. This is because no company can charge fees for carrying our luggage unless it goes beyond the established weight, between 15 and 18 kilos (according to the company and the type of flight). Law 48/1960, of July 21 on Air Navigation what makes clear: “ The carrier is obliged to carry along with the passengers, and within the price of the ticket, luggage, with the weight and volume setting Regulations. The excess will be subject to special stipulation “. The rule continues by clarifying that “ not be considered baggage to this effect the objects and hand luggage that travelers carry or”.

As part of this policy to end misleading advertising, the next step it has just given the European Union, and he just made public a directive which requires airlines to include all from the beginning and airport charges Fuel surcharges on ticket prices. Skipping or postponing information will be heavily penalized.

The measure seeks to eliminate promotions in which Fraudulent tickets are offered at very low cost, but at the moment of truth does not include any tax or fee, bringing the price rises considerably. The European Union warns that this type of advertising is very common on the websites of airlines that seek to attract customers through the visual impact.

The specific wording to be included in clear conditions, fees, taxes and fees, surcharges and rights that are mandatory and predictable at the time. The customer should know from the outset what the real price of the ticket. Continue to exist certain supplements extras like travel insurance, but these may not appear marked by default.

It also seeks to eliminate “favoritism” on grounds of place of origin or residence. Thus, a ticket for a seat on a particular flight should cost the same regardless of the Member State from which to buy.

The new regulation includes a clause which gives the competent authority of each state to suspend or revoke the licenses of publicity airlines in the event that violate the law.

New channel for mobile phones

We started with this new month and new goals. A few months ago you presenting our new Home with the intention of making it more intuitive and better structured. Within this philosophy in Captalis we continue to improve and with this momentum we present our new channel for mobile phones.

We know it is not an easy decision to choose a model and that is why our goal is to provide an easy and simple access to the best mobile and the most interesting offers in the market. On this page you can find all information relating to the mobile phone offered, and if it convinces you, you make a purchase. We have divided the page depending on the type of contract to your phone: Featured offers, offers portability, offers mobile telephony subscribers, offers mobile telephony card, offers free telephony, in addition to other offerings stand out. A wide range of possibilities that no doubt it’s helpful to find an interesting mobile.

Remain in place The Expert’s Opinion , in which we will publish on a regular basis the more detailed information and expert on the world of mobile phones.

We hope that these changes are to your liking and if you have any suggestions on how we can improve, we invite you to leave us your comments.

Also, you may be interested …

How to pay with mobile

There are growing alternatives to physical payment, and the motive is starting to become an important tool to avoid having to go through the cashier. Part of this success is due to mobile telephony in Spain has been extended with force (it is estimated that there are currently around 50 million mobile phones), while technology and services that we offer have also been increchento (internet, TV, MP3 …). Today, say that with a cellphone can do anything it is not only an expression but a fact.

There are many options for using our cellphone as if it were a credit card ( Obopay , PayPal …) but now that the more success you have is the service Mobipay . This is a tool that facilitates the payment via the secure transactions via mobile text messages, for a quick and secure. There are many services you can access (cinema tickets, parking, parking meters, recharge mobile …), and is currently in full expansion. One example is the increase in taxis that allow for the possibility of paying by card through our financial cellphone.

Banks as BBVA, Banesto , Caja Madrid , or Banco Popular , offer this service in addition to credit cards. Its mechanism is simple, as when making any purchase over the Internet, is automatically loaded into our credit card. You just have to enter our PIN to complete the purchase.

To hire this service must speak with the bank and request a high Mobipay to be able to use credit or debit card you want. Depending on the characteristics of our mobile, the financial institution will provide us with a PIN code associated with our card. This PIN we will be asked to approve purchases in the taxi, on the Internet or at any shop with a distinctive Mobipay .

This service also lets you choose if you want to load your purchases on the balance of your cellphone (if you are a prepaid card), or on the phone bill (if you’re contract) or any of your credit or debit cards . Besides buying also facilitates transfers or gifts.

Also, you may be interested …

Mortgages with unemployment insurance

The economic crisis continues to have a dramatic impact on many jobs. Only registered unemployment in September by the Employment Services increase in 95,367 people. A AINABLE for the sixth consecutive month and that puts the number of unemployed in a total of 2,625,368 unemployed. The highest since May 1997.

Given these numbers it is easy to understand that unemployment is one of the main fears of the Spanish families. A problem that may worsen in the event that they are paying some type of mortgage.

In this context of economic crisis, financial institutions are beginning to offer mortgages with unemployment insurance. This is a very defendant in the Anglo-Saxon countries, but that is hardly known in Spain.

The mortgage unemployment insurance temporarily covers the payment of a mortgage in the event of a possible loss of job or a temporary disability. This model protects the eventual loss of work if it comes to employed persons, while in the case of self-employed, only temporary disability.

By paying a monthly premium of an affordable, is covered later shares personal loans and mortgages if the holder loses the job. The basic requirements for hiring this type of mortgage being younger than 60 years, or be hired as high as autonomous, and present a health certificate. The banks require a minimum stay in this type of mortgage of between six months and three years .

Although there are many models with mortgage unemployment insurance, it is normal to guarantee the payment of the share of the mortgage with a limit of 1352.28 euros per month, up to 12 consecutive months, and for a total of 24, provided during the first five years of the loan, covering only the first holder. From the fifth year can be renewed annually.

The maximum fee that covers insurance protection payment is set depending on the type of contract he signs up, and although it varies depending on the issuing entity, on average ranges between 1,000 and 1,500 euros a month, although there are also insurance policies that can Beyond this limit.

Also, you may be interested …

Nigerian letters

In times of crisis tend to proliferate numerous ways to get money, both legal and illegal. Over the past few months has re-emerge an electronic scam that years ago had a major expansion, but subsequently was falling into oblivion.

In particular I am referring to the so-called “ Letters Nigerian “, in which senders to be passed by citizens of Nigeria or other African countries, we promise succulent business that does not actually exist. The trap is that the scammer gets money from the victim by way of an advance on account of an alleged multimillion dollar amount of money that has been promised. There are many arguments and variations on the scam (civil war, strange deaths, legal problems …) but they all have in common is the promise of participating in a large fortune.

But to understand this better than that one example. A few days ago I received this e-mail on my personal mail:

Dear ,

My name is Benjamin.k.Jeff and my sister Celine.M. Jeff., It is my pleasure to contact you for a company that I and my sister intends to establish in their country. we did not know before, but I thought, you run the risk of relying on the success sometimes in life like my father told me that usually before his departure .

It’s this huge amount of $ 2.500.000.00 (two million five hundred thousand dollars) in a box that my late father Mr WKPJEFF Sierra leoan. Deposited in a security company here (Abidjan, Ivory Coast) and the treasure of our family before he was assassinated by unknown person .

Now I and my sister decided to invest these funds in your country or anywhere safe enough outside my country for security and political reasons.

3). Hotel Investment, or any investment that you know very well that can help our future life with that money .

If you can be helpful for us, is pleased to offer 15% of the total amount, and let’s go together in their country of the company and continue our education .

I hope to hear from you,

Obviously this e-mail is as little suspect and has to be very naive to eat, but we know that there is always some confused. The Nigerian scam, or Nigerian scam, also known as the thymus 419 (for the item number of the Nigerian penal code that infringes) is a very widespread fraud via email, and only rarely by telephone.

Sometimes it can be very credible, because the scammer can send by e-mail documents with stamps and signatures of official-looking. Sooner or later we will request that the deposit money in a bank for dealing with alleged fees, expenses, bribes, taxes or fees. The truth is that it will put all kinds of excuses for the business and the transfer can not be closed, because the money promised never existed.

Years ago this scam leapt to the fore as was the case that some swindled came to travel to Nigeria (or other area countries), being kidnapped, extorted, and even eventually murdered by the trickster.

The basic advice is that we should never respond to these e-mails and certainly not facilitate our bank details or personal.

Emergency funding

The current financial situation is drifting in that more and more people are trapped by debt. According to the latest data reflected by the Ministry of Consumer , more than 20% of Spaniards have trouble reaching the end of the month. A problem that may worsen in the event that we’ve overlooked a payment and are included in some of tab defaulters.

Appearing at a file delinquent financial services can be blocked numerous, reaching the point where we can not even get a credit card. It’s key to leave this file, and for many laps to give you, the only alternative is to pay and to eliminate all debts. … But if banks do not trust us how we can get credit? There are other formulas for funding, although they are not too conventional, they can help us get out of the problem.

One of the options most often used in these cases is to reunite all our debts under one mortgage loan. To do this, the financial institution that unifies the debt under one loan with an interest rate more restrained, and with a term much higher. The monthly fee is usually reduced markedly, while pay up to 30% over the life of the loan. The people on lists of defaulters often have additional safeguards such as bonds or property, along with the hiring of an insurance payment.

The personal loans are another option to those that we can go in case emergency. This is a money with conditions more favorable than those offered by banks and boxes. On the contrary, these loans require guarantees, and their conditions are often very strict. In the event of default commissions of interest are far superior to those of a bank.

We must be clear that traditional financing options offered by banks and savings are always preferable, as their interests and guarantees are generally better. But sometimes there is no choice, and resort to other methods may be a good solution to emerge from a file of defaulters.