Home loan is the money that a bank or NBFC loans to the borrower on interest for purchase of property, and construction, an extension of an existing property. Lending institutions offer a loan, but home or property will be the collateral for the loan. In case of default or non-payment of the loan, lenders can liquidate …
One of the ways of lowering the cost of a loan is to transfer the balance. Transferring balance is very easy and beneficial for your credit history as well as credit score. Many banks make an attractive offer to lure the customer in order to increase their business. However, one should give proper thought to …
When you are in the critical need of money, the most effortless alternative seems to be taking a personal loan. With the high loan fees, it’s not exactly clever to get into the endless loop of debt. Given the downsides related to a personal loan, an individual is compelled to consider alternatives to this. Nowadays, …
Home Loan is the money borrowed by an individual from a bank or a financial institution to construct or purchase a home. It is a type of secured loan as money is borrowed against the property. The property will be kept as security by the lender until the repayment is complete. The interest rate for …
In a Personal Loan interest rate may vary from borrower to borrower. The interest rate may vary from 11.99% to 24%. Unlike other loans, Personal loan does not have flat interest rates. There are a few factors that affect the interest rate of your personal loan. If you are considering to apply for a personal …
Factors that affect your Personal loan Interest ratesRead More »
