The quality of the portfolio of loans is the credit risk, which depends primarily on two groups of factors:

- Internal factors that depend directly on its own administration or ability of executives from each company.

- External factors that are independent of management, such as inflation, unanticipated depreciation of local currency, climate disasters, etc.. here appears as a major state basic macroeconomic balances that jeopardize the payment capacity of borrowers.

This risk is measured by net credit losses.

Among the internal factors we can list the following:

Loan volume: the higher loan volume, the greater the losses for them.

Credit policies: the more aggressive credit policy, the higher the credit risk.

Mix of credit: there is much more concentrated lending by companies or sectors, the greater the risk you are assuming. Therefore it has been determined that only 20% of the assets of a financial institution can lend itself to an economic group or person or entity, in order to safeguard the health of banks and financial institutions.

Geographic concentration: economic, number of debtors, economic groups and each group shares: therefore there is no doubt that any kind of portfolio concentration increases the risk of a financial institution.

Risk management can be addressed in a mass or adopting qualitative criteria. The mass management is possible when there are thousands or millions of customers, meeting the client individually considered too short or lacking in value, that is, management is undertaken from a process of numbness and detachment, objectively and applying the law of large numbers, the number is above the individual. On the contrary, the quality management, which has a more personal and individualized, taking into consideration the individual versus the number, it is feasible in companies with fewer customers.

How have your experiences at a dealership? Good? “Bad”?

Before going to see the first car you need to know “can you buy a car with financial aid”:

a) How much maximum you will pay in total for the car, whether new or used. Things easier not only for the amount paid each month, imagine that you pay in cash, how much money you’re willing (a) to invest in this vehicle?

b) How subtractions from your current car loan and whether you will use in negotiations. Not recommended as initial order of the still owe money, you could owe more than their resale value of that debt is added to the new loan. In addition, we recommend keeping separate negotiations: first the price of the car to buy, then if you decide, negotiate the price and if you should sell the car.

c) The list price of cars that are in your range, that would be the cost if you do not negotiate anything.

d) The average sales price of that car in your area. That is the amount that will try to get off to go out with a good deal. Is aware of the costs for extras such as metallic paint, ornaments, mouse-pads, etc.., And especially to additional charges or fees, which are a way of compensating for other discounts and added to the price, the call as call .

e) Bring with you your history and credit score from all three bureaus, Equifax, Experian and TransUnion. A lower score will pay more interest. With less than 700 points financier associated with the dealer could give you a very high interest.

f) Get per-qualified for a loan to finance the amount you believe, be with your particular bank or credit union (the “Credit Union” often give better rates for car loans). So you can listen and evaluate other offers.

If your preparation of these situations are, run!

- The seller or financier insist on checking your credit history before you see any car. Run!
- The financier said that your credit history is very bad and if different from your results is because of them is correct and yours is not, or because they use “other supplier.” Run!
- We demand the keys to your car. Only agrees to go with the expert to value if you decide to sell the car and only after completing the other negotiations. Never before returning the keys, instead run!
- They offer to pay the remaining debt of the order delivery, but do not put in writing. Do not sign anything and run!

In some of the countries of the European Union, the decision of whether or not a bank account is an entirely commercial decision due to the economic organization where the operator carries out processing. The role of contractual independence means that lenders are not obliged to accept the opening of bank accounts to any resident who claimed and under any situation. The decision to reject or not the request to open bank account is purely commercial and spring only from the house bank. At the other extreme, there are other European nations which require their financial systems to receive all the paperwork submitted for opening bank account, including also those corresponding to a bank account online. The reason for this action goes back to times gone by when the system was reasonable for low-income citizens, but at present this mechanism has been extended to all citizens.

It is clear that the laws that apply to opening a bank account are governed by each of the member nations through its own internal regulations. These regulations are quite different from one nation to another, and their definitions depend not only among financial institutions, but in many situations between local agencies and one house bank. The procedures, as is easy to see, are not consolidated and member states have the option of applying different approaches to the same financial topics.

According to existing directives banking and credit organizations are subject to various specific obligations such as the prevention of use of the economic system for effective laundering offenses. These laws directly disturb the inhabitants of the European community have strong intentions to open bank account in these institutions. It also raises legal standards at the level of all countries that constitute a valid option but not really supersede national regulations. It will be necessary to remove some obstacles such as mobility of the holders of a bank account closures commissions thereof, etc. Undoubtedly this is an important issue that deserves a quick solution.

To avoid this situation, many financial institutions have decided to raise the fees charged for their cards, in what refers to the credit, which we have raised its annual fees by 16% to 28.89 euros on average, while debit cards have risen to 13.71 euros and withdrawing cash on credit from the bank itself these commissions are located in the 2.82% and if on the same network but a different bank reaches 3.98 %.

But not content with this, banks have also decided to raise fees for the opening of new loans, not mortgages, up 2.77% maintaining the same level as in 2007 the other committees, such as study or the maintenance and account management.

So, we have no other choice but when we become annual fee card, go to the bank to try to pay us the amount charged or not to pull cards or apply for loans, more difficult and in times of crisis.