LOANS UNDER SCHEME OVERDUE ANNUITIES THROUGH NON-BANK FINANCIAL INSTITUTIONS AND BANK INSTITUTIONS. WHAT’S THE BEST CHOICE?

Autor

  • Ignacio Ortiz-Betancourt Professor in Economics’ Department, UCC Business School, Universidad Cristóbal Colón, Veracruz, México
  • Arturo García-Santillán Researcher Professor and Doctoral program in Management Science coordinator, UCC Business School, Universidad Cristóbal Colón, Veracruz, México
  • Jesica J. Ramos-Hernández Second year doctoral student in Management Science at UCC Business School, UCC Business School, Universidad Cristóbal Colón, Veracruz, México
  • Martha Zapot-Loissell Master in Finance student at UCC Business School, UCC Business School, Universidad Cristóbal Colón, Veracruz, México
  • Luis A. Huitrón Méndez Master in Finance student at UCC Business School, UCC Business School, Universidad Cristóbal Colón, Veracruz, México
  • Claudio Morales López Master in Finance student at UCC Business, UCC Business School, Universidad Cristóbal Colón, Veracruz, México

DOI:

https://doi.org/10.46827/ejefr.v0i0.49

Słowa kluczowe:

overdue annuities, interest rate, compound interest, loans

Abstrakt

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.

 

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Bibliografia

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Pobrania

Opublikowane

2016-12-24

Numer

Vol 1, No 1 (2016)

Dział

Articles