As someone has said somewhere that Home is the biggest assets for a person, but also it is his/her biggest liability. Whenever, someone has been able to close his/her loan account s/he feels very relieved and also happy. Now the home is his/ her own. Owning a house free of debt is one of the […]
Loans
The Ugly Truth about paying only Minimum Balance on your Credit Card Bill
Do you pay only the minimum amount due on your credit card bill? Will this lead you to a vicious cycle of debt trap? Will paying only minimum payment in your credit card this lead you to a vicious cycle of debt trap? Paying only the Minimum balance/payment in credit card Credit Card is an […]
FOUR LESS-KNOWN FACTS OF HOME LOANS
Buying a house means making your dream come true where you spend hours and days looking for a suitable property, checking backgrounds and finally scouting for the best deal on a home loan (unless you have loads of money to pay for the house without taking a mortgage). Though most of us avail home loans, […]
5 Things to do before Applying for a Home Loan
No one likes bad surprises and often investments in home feature pretty nasty disclosures that make dreams turn into nightmares. First time home loan applicants face common problems like rejection in the initial stages, non-refundable processing fees, and desired amount of loan not sanctioned and perpetual issue of interest rate (or EMI burden). The other […]
8 Major Reasons why your Loan Application can be Rejected
Listen to this article A house, an MUV, your child’s education, a foreign holiday: you could have myriad reasons for applying for a bank loan. The bank generally considers and clears a loan based on your credit-worthiness. Among the factors contributing to a successful application would be your credit report which would be based on […]
