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LOANS UNDER SCHEME OVERDUE ANNUITIES THROUGH NON-BANK FINANCIAL INSTITUTIONS AND BANK INSTITUTIONS. WHAT’S THE BEST CHOICE?
European Journal of Economic and Financial Research
View Archive Info| Field | Value | |
| Title |
LOANS UNDER SCHEME OVERDUE ANNUITIES THROUGH NON-BANK FINANCIAL INSTITUTIONS AND BANK INSTITUTIONS. WHAT’S THE BEST CHOICE?
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| Creator |
Ortiz-Betancourt, Ignacio
García-Santillán, Arturo Ramos-Hernández, Jesica J. Zapot-Loissell, Martha Huitrón Méndez, Luis A. Morales López, Claudio |
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| Subject |
overdue annuities, interest rate, compound interest, loans
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| Description |
This paper aims to prove which could be the best financing option for individuals with low incomes seeking sources of funding, depending on their profile and according to the available options in the national financial system, specifically through commercial banks and non-bank financial institutions. For that, we develop scenarios to show the benefits provided in each case, using a payments scheme with overdue annuities. The result shows a better choice to get loan through non-bank financial institutions. Article visualizations:
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| Publisher |
European Journal of Economic and Financial Research
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| Contributor |
—
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| Date |
2016-12-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
https://oapub.org/soc/index.php/EJEFR/article/view/49
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| Source |
European Journal of Economic and Financial Research; Volume 1, Issue 1, 2016
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| Language |
eng
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| Relation |
https://oapub.org/soc/index.php/EJEFR/article/view/49/133
https://oapub.org/soc/index.php/EJEFR/article/view/49/134 https://oapub.org/soc/index.php/EJEFR/article/view/49/135 |
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| Rights |
Copyright (c) 2016 Ignacio Ortiz-Betancourt, Arturo García-Santillán, Jesica J. Ramos-Hernández, Martha Zapot-Loissell, Luis A. Huitrón Méndez, Claudio Morales López
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