Buying cars is one of the easiest things for young professionals today in the country. However there are cases when people realize that they really can’t afford the car loan or they have bought a car which is out of proportion for their income is also on the rise. There are many cases of car… Read More »
Also known as the “acceleration covenant” the Acceleration Clause in any car loan is a vital element that must be read and understood categorically by the borrower at the time of signing the loan agreement. Most of the car loan customers in the country are quite unaware of this clause and hence land up in… Read More »
The current economic turmoil in US and European nations have led to a sharp fall in property prices there making them extremely lucrative for non-resident Indians as well as resident Indians to invest in. More and more Indians are opting for offshore properties as a second home in exotic locations.
The car loan is a popular tool for owning a dream four wheeler which is being adopted by thousands of Indians who qualify the basic income eligibility criteria. This is pretty simple and easy to avail loan wherein the financier pays for the majority amount of the value of the car and the buyer needs… Read More »
The basic purpose of availing a car loan remains to make good the deficiency in available funds to buy a car. If one is systematic and methodical in deciding on the right car loan to suit the exact requirements then the chances of getting a great deal that will save substantial amount in the long… Read More »
Most customers fail to notice the clauses mentioned in the fine print of a home loan and thus end up paying several hidden costs during the repayment period which is never mentioned to them at the time of taking the loan. The net increase in the total amount repaid can go up substantially on account… Read More »
Despite the growing popularity of home loans as the most convenient and financially smart way to get a dream house for your family there are many aspects which most of the borrowers never discuss with their bankers while taking the loan. Even the bankers do not disclose several hidden elements of the loan in fear… Read More »
Many times people looking to buy a home find their eligibility amount just a shade lower than what is required to get them their dream home. In order to help out such people in realizing their dreams the HFCs have come up with an innovative idea of fixing eligibility amount higher than as per conventional… Read More »
The home loan is a long term commitment that involves a fairly large amount of money. At times people who take a home loan may find the amount insufficient to complete the acquisition or construction of the house at a later stage. It is then that the top u0p home loan comes handy. This particular… Read More »
The popularity of used cars has increased significantly over the past few years and has in fact exceeded the number of new cars being bought every year. Since the car is an ever depreciating asset many people find it financially sound to go for a used one rather than invest in a new one. In… Read More »