The North American Bancard Agent program is the best one when it comes to increasing the market share and gain a lot. Borrower is the person who receives, through the financial agent, resources to acquire a property. He will assume monthly installments to return the loaned amount during the pre-defined period in the contract, duly signed, with the addition of interest and monetary correction. The loan received is made by a financial agent that can be public or private, under the guidance.
For the Bank Transactions
Any bank, be it public or private, authorized Federal, which provides financing for the acquisition of home ownership and respects the rules of the Financial Housing System, can be considered a financial agent.
To guarantee the rights of the borrower, the Consumer Protection Code supports home financing agreements. CDC operates in the segment by establishing rights and obligations between suppliers and consumers. In this case, the supplier becomes the financial agent and the consumer, the borrower. The use of the North American Bancard Agent Program works fine in getting the profits here.
What Kind of Guarantee?
The guarantee of equality in contracting, possibility of modifying or canceling disproportionate clauses, restriction of fundamental rights or obligations inherent to the nature of the contract, in such a way as to threaten its object or the contractual balance and, the reduction of the insurmountable barrier existing between the borrower and the financial agent, are some of the benefits established by the CDC to the borrower.
Bearing in mind that any financing contract can lead to eventual doubts or complications, it is at the disposal of the borrowers acting not only in the resolution of conflicts, but also in the guidance and economic planning for the acquisition and financing of the home itself, providing assistance free by phone, e-mail and in person.
The real role of financial markets in the economy
Due to the worsening of the subprime crisis and the losses generated by it, the average citizen starts to question the role of the financial markets within the economy. However, the economic literature proves that financial markets play a fundamental role in the economy, as they are responsible for channeling the resources of people who save resources (income greater than their willingness to spend) to those who wish to spend more than their availability, whether in the form of consumption or investment.
This transfer of funds allows people with good investment opportunities, but with few current resources, to expand the production of goods and services in the economy. Likewise, consumers can plan their consumption, choosing to consume more than their income in the present, or postpone consumption for a future time, thus increasing the level of well-being in society.
The presence of financial intermediaries is important, as they, through economies of scale and expertise, are able to reduce transaction costs and produce information, allowing small savers to enjoy the benefits of the financial system: increased liquidity and risk sharing for the diversification of its portfolio.