Gold has a certain element of emotional value for all Indians. Taking personal loans against family gold had not been considered as a preferable option till late though the tradition of loan against gold had been in practice since centuries through unorganized money lenders. The value of gold has been on the rise for… Read More »
Loans against property are yet another variant of the basic personal loan which has its own pros and cons. While comparing the basic personal loan against the loan against property one has to take into consideration the fact that each type is suitable under a certain state of conditions which only the borrower can justify… Read More »
The option of personal loans is a great tool to raise money at short notice without much hassles of documentation. The processing time is very less which makes it even more tempting option to avail when there is an urgent requirement of cash at short notice. The exact amount of money that one should… Read More »
The personal loan has become a popular tool that is used by many people to raise additional cash when in tight corner or when there is an urgent requirement of money at a short notice. However in most cases the situation does ease off after some time and the burrowers are in comfortable position pay… Read More »
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 »