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ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.

Ultimate Uganda

Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which

Ultimate Uganda

California Tenants to Benefit from Positive Rental Payment Reporting

California Tenants to Benefit from Positive Rental Payment Reporting

California Governor Gavin Newsom recently signed Assembly Bill 2747, offering a financial boost to renters who maintain timely rental payments. New Legislation for Positive Credit Reports Landlords in California will now have the option to report positive rental payment information to credit bur

Ultimate Uganda

Unveiling the Burden of Credit Card Debt: How One Mother Took Control of Her Finances

Unveiling the Burden of Credit Card Debt: How One Mother Took Control of Her Finances

In a world where financial realities can easily get buried under mounting credit card debt, one mother, Jenny Bauman, found herself deep in the trenches of debt accumulation. Living in a Bubble: Bauman, 45, enjoyed the comfort of a 3.75% mortgage while grappling

Ultimate Uganda

How Ndere fell deep into Shs10bn debt

How Ndere fell deep into Shs10bn debt

A few days ago, Quickway Auctioneers and Court Bailiffs listed for public auction, three properties including Ndere Cultural Centre, a well-known institution for cultural preservation and education, due to an unpaid loan.The public notice indicated that Ndere Cultural Centre, spanning 3.64

Ultimate Uganda

When Oprah Winfrey's Stepmom Said She Was Kicked Out of $1.4M Home By Her: "Robbed Me of My Husband"

When Oprah Winfrey's Stepmom Said She Was Kicked Out of $1.4M Home By Her: "Robbed Me of My Husband"

Cover Image Source: Getty Images| Photo by Greg Doherty; (inset) Photo by Adriane JaeckleIn the 2000s, Barbara Winfrey married Vernon, Oprah

Ultimate Uganda

Top Tips for Buying Property Abroad

Top Tips for Buying Property Abroad

Have you ever dreamt of sipping your morning coffee on a beachfront balcony, or cozying up by a fireplace in a charming European village? Owning property abroad can turn that dream into reality, offering a getaway, a potential investment opportunity, or

Ultimate Uganda