Has someone asked you what it costs to own a car? If so, the first thing you must have thought of is the amount you recently spent to fill up your car at the gas station. It’s also easy to picture the price of your monthly car payments as well as the accompanying insurance bills. … Read more
More and more Indians are starting to finance their goals by opting for personal loans. A whopping 96% of new loans taken in 2018, were personal loans, as per data from RBI. The easy availability of such loans, the lack of collateral, and attractive interest rates are some of the major contributing factors to the … Read more
Back in the day when the concept of loans first began, borrowers would have to hand over some of their prized valuables (assets) to the lender as a form of security against the loan they want to take. This is known as providing collateral for a secured loan, and borrowers would have to provide collateral … Read more
You can make money by taking out a loan? Absolutely! In fact, a personal loan is a great way to help you make money. No, we aren’t talking about going out and gambling the loan in hopes that you win- there are real, legitimate ways to make money. Here is how! Start a Business If … Read more
No two loans are the same. With hundreds of products on the market, you need to find a personal loan that suits your individual financial needs. Before you sign on the dotted line, you should have a clear answer in mind to questions like: why are you getting the loan? What is your repayment capacity? And … Read more
When talking about personal loans we refer to unsecured loans that are offered with the purpose of dealing with various personal situations like home renovation, buying home appliances, cars or even marriage. The lender will verify if the individual can repay the amount based on the current income that is available. Credit history will also … Read more