The Benefits of Having Offshore Bank Account

There are many benefits of having an offshore bank account. The obvious one is tax minimization - doing business where tax is legally not payable. Another is privacy. Most offshore locations have laws in place guaranteeing your financial privacy, some banks around the word has a strict level of privacy that might prevent powerful authorities like FBI from approaching your account under any reason.

Another advantage of an offshore bank account is the access it provides to profitable offshore funds, as most offshore financial institute will provide you with internet banking access along with credit card to make it convince

Posted on 11.06.08 | no comments | Filed Under: Offshore Account

London based mortgage brokers Mortgageland Ltd

London based mortgage brokers Mortgageland Ltd  has been publicly censored by the Financial Services Authority, after a number of failures were brought to light in a 2006 visit to the brokers by the FSA. The FSA found that the firm was running a mortgage promotion aimed at consumers with poor credit, defaults, county court judgements, and arrears, but that the company did not place enough emphasis on the APR that was being charged. The APR on loans for people that come into the sub-prime category is typically far higher than the average APR.

The FSA also found that in

Posted on 28.05.08 | no comments | Filed Under: mortgage