What is repo rate in Home Loans? When you borrow money from a Bank, you pay interest on the home loan amount that you borrowed. Likewise, Banks can borrow money from RBI (central Bank) when there is a cash crunch. The interest paid to RBI by the bank which borrows is called a “repo rate”… Continue reading Opting for a Home Loan? Know About the Cut In Repo Rate
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5 Reasons why your Small Business Loan Application can get Rejected
Entrepreneurs require a large amount of capital to establish a start-up. Even when a business takes off and begins to grow, it needs extra funds to enhance its operations. There are a lot of financing options that can help entrepreneurs avail the required capital for business expansion. One of the most popular funding options is… Continue reading 5 Reasons why your Small Business Loan Application can get Rejected
How To Apply For A Loan In Canada
Whether you are looking to fund your overseas trip or ramp up your fledgling start up, applying for a loan saves you the high interest charged on credit cards. But before you apply for the loan, it’s important to vet the loan application procedures and interest charged by different lenders so as to increase your… Continue reading How To Apply For A Loan In Canada
7 Misconceptions You May Have About Personal Loans
Since it is a collateral-free loan, applying for and getting a personal loan is both quick and easy. But, there are misconceptions that may cloud your judgement. Believing these myths keeps you from making the most of this credit option. Take a look at the 7 common theories about personal loans that aren’t true. You… Continue reading 7 Misconceptions You May Have About Personal Loans
A BRIEF ON EVERYTHING YOU WANTED TO KNOW ABOUT A HOME CONSTRUCTION LOAN
So, you have finally decided to build that house you have always envisioned for your family and you. Perhaps, you have found the perfect plot to build your house on or you already own it. You know where the sun rays will fall on your house and from which balcony you will see the setting… Continue reading A BRIEF ON EVERYTHING YOU WANTED TO KNOW ABOUT A HOME CONSTRUCTION LOAN
What Can An Unsecured Personal Loan Do For You?
Are you in need of a personal loan? You will find that you have many options in the market. It is important to assess your options carefully before signing up for anything. After all, you would not want to get yourself stuck with a loan that is more than you can handle and ruin a… Continue reading What Can An Unsecured Personal Loan Do For You?
Are Mortgages Amortized Loans?
Mortgages are never a fun topic or a source of joy for people. They are often associated giving away your money. Unfortunately, not everyone can have a fairy tale ending like those YouTube clips and have our mortgages paid off on the spot. Thankfully mortgages do not have to be paid in one lump sum… Continue reading Are Mortgages Amortized Loans?
What Is A Doctor’s Loan?
Several years ago Bank of America realized there was a huge untapped potential for business in the thousands of Doctors graduating annually. Although they have huge future earnings potential they do not fit into the standard criteria lending institutions require. Those graduating from Medical School or Residency programs have little money are fairly naive financially… Continue reading What Is A Doctor’s Loan?
3 Tips To Beware Of Loan Shark Lenders Online
High risk auto loan lenders are increasing as a percentage of loan lenders online. As more people find themselves out of work or in need of medical assistance, many times the only asset that they have to turn to is their car title. Although there are legitimate ways of leveraging your car title in order… Continue reading 3 Tips To Beware Of Loan Shark Lenders Online
Taking Out A Personal Loan: 5 Important Factors To Consider
Raising money to pay off old debts, invest in a new business, or to buy yourself that dream car you’ve always wanted can be a challenging task to say the least. Securing a personal loan is a great way to stagger the payments over a long period of time instead of saving your pennies for… Continue reading Taking Out A Personal Loan: 5 Important Factors To Consider