Secret Finance

prawn74 asked:


How do you fight a banking regime like the reserve bank and other banking instutions that do nothing but take ?Do you think that a national vote against the politically elected governor of the reserve bank will help ?I think it could help everyone with a mortgage in australian ?The vote is stronger than the government and the interest rate can allow australian citizens money in there pockets and what do you think ?I think australia needs new public speakers to get the message to the not so educated and working class that feed the business , commom wealth and states of australia ?Do you think the ceasars of this period in time need to be shaken from there tall throwns?

Doubledown asked:


What’s the best interest rate on a regular savings acct these days? what the bank?

CDs are horrible… but if you know of any other banking high interest stuff, feel free to share.

Shridhar K asked:


What is the difference in fix interest rate and floating interest rate in banking and which one is good?

lefakey asked:


I am a 22-year-old student beginning my PhD next year. I have recently acquired ~$18,000 that I do not need at the moment. It is sitting in my savings account right now earning 4.25% interest. I am not planning on marrying or buying a house for at least another 5 years, but I would like the money to be somewhat available just in case things change. I am more concerned with ensuring that I don’t lose money than with it growing significantly. Should I keep it in the savings account or look into mutual funds, stock market, etc? Canada Savings Bonds currently have a lower interest rate than my savings account, so that doesn’t make sense to me. Thanks for your input.

psyPhD asked:


I’m going to open a savings account, but all of them seem to say that the stated interest rate may change after you open the account. How then do I know which account will give me the best interest rate, if they all change at any time for any reason?

tampabay5400 asked:


I have a low credit score (545) and would like too improve it by getting credit and paying it on time, problem is alot of creditors won’t accept be BECAUSE of my low credit, and I can’t just keep applying too everything because obviously that lowers your score. So PLEASE tell me which credit cards will give anyone a card even if the interest rate is insane!

Rachel asked:


I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?

Itsme asked:


I already have a home loan with ICICI on a floating interest rate. I’am looking for another loan.Should I clear this loan first to avail another loan or should I continue paying the EMIs for the entire tenure(This is a huge amount I will be paying by the end).
“Clearing a home loan” is what I meant of getting rid of the loan by making a pre-payment.

nikkisix_26 asked:


I refinanced my car loan through wells fargo and i don’t like the interest rate that they gave me so i want to cancel the loan, want to keep my original loan. I have already tried to call my original loan company and tell them to return the check, but they say there is nothing they can do. I tried to get Wells Fargo to stop payment on the check but they said i had to go to the branch. Are there any other things i can do? Maybe write a letter or something?

bbrrpf asked:


I have $100,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for mortgage loans with low monthly payments– is there something similar I could get for a personal loan? THANKS!