What is a Current Account Mortgage?

Written by John Mussi


Continued from page 1

Current account mortgages work by turning your mortgage into a large overdraft. They allow you to set off allrepparttar savings you have against allrepparttar 143946 debts you that owe. You combine all your debts with all of your income in a single current account. So every time your salary is paid in, you reducerepparttar 143947 amount ofrepparttar 143948 'overdraft'. Every time you take money out,repparttar 143949 overdraft increases. This means you can overpay and underpay without being penalised for it.

The more savings and income you have in your account,repparttar 143950 less interest you will pay overall. Sincerepparttar 143951 interest is calculated on a daily basis, you will immediately benefit from any overpayments you make.

At any time you can borrow back some or all ofrepparttar 143952 money you have managed to overpay on your mortgage. These mortgages are ideal for those who are paid regular bonuses so consequently can reducerepparttar 143953 mortgage balance quickly.

The good thing about current account mortgages is thatrepparttar 143954 interest charges on all your borrowings are at a cheaper, variable rate for mortgages instead ofrepparttar 143955 more common credit card rates. To compensate for this, rates on current account mortgages, tend to be slightly higher than standard mortgages.

You may freely reprint this article providedrepparttar 143956 author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.


Press Releases Scams and Successes: Reading Between the Lines

Written by Chad Pington


Continued from page 1
Another potentially windfall-esque discovery amongst Press Releases is being onrepparttar front end of those to discover a release indicating that a firm which had previously been slated to file for bankruptcy has reached an agreement with creditors to continue. The proposition of bankruptcy is a very real threat for some Penny Stocks, and as a consequence typicallyrepparttar 143945 price of such stocks is trading at only about a cent because ifrepparttar 143946 firm goes under shareholders lose their entire stake. If a company is able to avoid bankruptcyrepparttar 143947 price will typically multiply many, many times over offering early investorsrepparttar 143948 opportunity to multiply their money 10 or 20 times over in less than a day. (Not bad for a day’s work, eh) The key to understanding press releases isrepparttar 143949 ability to simultaneously act upon two contradictory thoughts. Remember thatrepparttar 143950 Penny Stock market, because it is less institutionalized, is often more about predictingrepparttar 143951 emotional and erratic behavior of your fellow investor rather than simply makingrepparttar 143952 next rational and logical decision based onrepparttar 143953 numbers. In this sense, it is important when reading a Press Release to consider how your fellow investor will interpretrepparttar 143954 information initially, for this will come to formulate much ofrepparttar 143955 initial direction and drive ofrepparttar 143956 stock. But it is also vital to considerrepparttar 143957 Press Release more meticulously. If you find thatrepparttar 143958 company appears to be leaving important information out, seems to be muddling numbers and percentages, or uses any ofrepparttar 143959 catchphrases for standard scams, avoidrepparttar 143960 stock altogether. Even if your’ fellow investors initially drive uprepparttar 143961 price ofrepparttar 143962 stock and you believe you could have been atrepparttar 143963 crest of that rising wave, you cannot be sure whenrepparttar 143964 scam will hit. You can have no idea whether inside investors are planning to dump their stock at 50% 100% or even 200%. And though you may be able to earn a profit once or twice, by playingrepparttar 143965 game to can ensure that after a time you will guess wrong, sell out too late, and be stuck holding thousands of shares worth less thanrepparttar 143966 paper they are written on.

Chad Pington writes about many different financial topics, but he is most interested in writing about Penny Stocks.


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