Ancient Rome was the first place where coins were minted and had a face value. Their price was equal to their value: how much silver was in it was how much it was worth. This reform demanded a new approach to money and https://telegram-store.com/catalog/product-category/channels/economics. As a result, banking began to develop rapidly, there was a […]
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It is generally accepted on https://telegram-store.com/catalog/product-category/channels/economics that it was in Babylonia in the seventh century BC that the first banks appeared. They were called business houses and performed credit and debit functions. For example, they gave money loans at 20% a year to all creditworthy citizens, accepted monthly installments, provided for the needs of international […]
Faced with a loan for particularly large amounts, in addition to all the necessary documents, the bank may require some other conditions. For example, the presence of at least two guarantors, who in the case of which will have to answer for the debts. But in some situations, the bank may ask for the property […]
The demand for consumer credit and https://telegram-store.com/catalog/product-category/channels/economics grows every year. In the last year, the situation has become more complicated, as some people have chosen to invest their money in things: household appliances, cars or real estate. Because of such a large influx of people, banks are simply not willing to take on all the […]