The bill on collection in Russia is subject to change. This initiative was made by the Prosecutor General, who has to process a shaft of complaints from citizens about illegal actions of collectors. According to the Prosecutor General, the sphere needs to be licensed instead of the previously planned creation of a self-regulatory institution.
The volume of overdue monetary obligations of citizens to banks reached 310.2 billion rubles. By July of this year, collectors had sold overdue debts worth more than 86 billion rubles. Over the past year, the cession market has grown by 30%. In 2011, we bought debts of 78.7 billion rubles, while in 2010 the total amount was 60.2 billion rubles.
A separate law that would govern the implementation of collection activities in Russia does not exist. So far, only the bill “On the collection of overdue debts”, which is being developed by the Ministry of Economic Development of the Russian Federation, is in force. However, he has not yet entered either the government or the State Duma. According to the latest edition, a self-regulatory organization should deal with the control of market participants. Continue reading
On October 8, 1896, the world first heard the phrase, which today necessarily sounds in thousands of news releases around the world. An index created by renowned journalist Charles Henry Dow, which to this day is considered one of the main US stock indicators and is a guideline for the entire world economy, was presented on this day.
It is believed that the world’s first stock index was created by Charles Henry Dow, a well-known American journalist, the founder of The Wall Street Journal. A prerequisite for this was the distrust of the majority of exchange players in stocks, which at that time were a relatively new instrument.
Investors invested in bonds, the income from which could be calculated, and interest was guaranteed by the property of the companies issuing these securities. That is, behind them were real physical assets. But the shares were considered an unreliable tool, although much more dynamic and promising huge profits, not limited to fixed interest. The stocks were mainly traded by speculators; it was not possible to pull really big money into this sphere. In order to trade stocks profitably and understand where the market is going, it was necessary to monitor the price dynamics of a whole line of such securities, which was very difficult. Continue reading
There are many magical rituals for money. But sometimes in everyday life we perform the most ordinary, it would seem, actions that attract financial welfare or, on the contrary, make money flow away from us … How to behave properly so as not to be unprofitable? Century folk wisdom will help you with this!
In no case can you buy something with the last money, otherwise in the near future you will face monetary losses. Also, you can not leave an empty wallet – even if it contains at least one coin. If you need to buy a thing desperately, but there is not enough money, it is better to borrow the necessary amount from someone and do not spend the last … But the debt should be repaid quickly, otherwise the money will “run away”.
Money should be saved, but you should not constantly count it. This prevents accumulation. Set some specific day for “recounting” – say, salary day. And on other days, forget about this “ritual”. Just figure in your mind how much you get and spend. Be careful not to get confused – record income and expenses. Money came – write down how much came … You took a certain amount from the nest egg – put it in the “expense book” and write down there how much is left … So you can control your income and expenses. But, of course, it is necessary to exclude the situation when someone else will use the money, besides you. Or ask him to record everything too. And then you will be wondering why the “debit” with the “credit” did not fit … Continue reading