Credit card companies lure customers into buying a credit card by offering it free of cost. Customers, many a time believe that if there is not cost involved in buying it, why not have it? So even if I have a card(s) sufficient to take care of my needs, I will opt for another one… Read More »
Currently there is a plethora of loan products that are being launched on a regular basis by the competing financial institutions in order to woo the prospective borrower. The range of personal loan products that available in the market is wide and often confusing. Choosing the right personal loan product that suits your requirements best… Read More »
Credit card companies come up with tempting card offers for investors albeit now more cautiously after the financial markets turmoil, by offering freebies such as life time free credit among other things. Customers already possessing credit cards often find themselves taking up such offers and ending up with multiple credit cards. The moot question here… Read More »
Does it make sense to reduce one burden by taking on another? This is the first question that would be top of mind when faced with the question of whether to refinance an existing home loan. Given the fact that a home loan is the biggest reason for cash outflow in most Indian households, this… Read More »
The home loan agreement is usually a 50 page document that most borrowers do not have the patience to study in detail. However all such agreements have a few tricky clauses that protect the lending institution and may compromise the interest of the borrower! Thus one needs to be aware of these clauses and the… Read More »
The Loan to Value (LTV) in case of a car loan is simply the amount of money that can be sanctioned as a loan to the value of the car that is being purchased. There are different norms which are practiced by different banks and financing agencies while fixing the LTV in car loans. There… Read More »
The use of plastic money and the increasing popularity of such formats have revolutionized the way payments are made and received. The most popular types of plastic money are debit cards and credit cards. Credit cum debit card is a single card which has the features of both a credit card as well as a… Read More »
Subhash has been working in the IT industry for some time and has managed to earn well in the first few years. So, he decided to buy 2-3 credit cards at once. He knew credit card balance transfer was a great option that he could choose if he ran out of limit in any one… Read More »
When it comes to real estate, Indians believe it to be the most rational, safe and secure class of assets. However, owing to the escalating realty prices in almost every city, investing in it has become costly, challenging and risky affair. Considering the situation, several people yearning to have their own home, are forced to… Read More »
Neeraj, a middle class sales and marketing professional based in Pune, purchased a decent abode in a metropolitan by securing a home loan worth Rs. 24 Lakhs from a leading financier. Divided into easy monthly installments, Neeraj was reducing his liability quite comfortably. Being able to increase his bank balance to Rs.8 Lakh, Neeraj found… Read More »