October 10, 2019 Shawn Bennett

   The elderly in the country often have large assets in their homes that are not used for anything special. Statistics say that almost every third person over the age of 55 owns their home and has no loans. This value can be a lot of fun if you had it in the form of cash and therefore there are special loans called senior loans and these are about to increase. Something I think is quite nice. Senior loans A senior loan is a loan on a home where you do not pay any interest on an ongoing basis, but…

August 20, 2019 Shawn Bennett

Within the framework of the Family Protection Action Plan to be launched on 1 July 2019, the Baby Waiting Loan was introduced. Conditions: HUF 10 million interest-free loan, free to use, to spend on anything, no real estate collateral, Depending on the number of children born, the loan may even become a government grant. You can find more detailed information about the Baby Waiting Facility in our earlier article. With the introduction of Babavár subsidy, because its conditions are so favorable (interest-free, it can turn into government subsidy, it is freely usable), even young married couples who have not planned…

July 19, 2019 Shawn Bennett

Almost every young couple eligible for Baby Waiting Benefit would like to use the maximum amount of HUF 10 million. However, according to the applicable JTM (Income-Rate Repayment Rate) regulations, claimants determine their disposable income.   How to get support? According to surveys of the last few weeks, the vast majority of claimants want to use the maximum of 10 million HUF for Babysitting, but not everyone will pay the maximum amount. One of the most common reasons for refusing to pay full support is that the couple or family is already paying some installment, so their income does not…