From the category archives:

Loans n You

The realty prices have gone up so much over the years, that everyone cannot afford to buy his or her `dream home`, without a home loan. With home loans available on EMI basis, more and more people from all income groups are applying for it, for purchasing their house. So would you also like to [...]

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The government may seek changes in the prepayment rules to enable a home loan borrower to shift to cheaper lenders if his bank raises interest rates soon after disbursing the loan. The government wants banks to provide a two-month window to their new borrowers to shift to some other bank without prepayment penalty if they [...]

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Switch from credit card to personal loan

by free stock tips Credit Card

THESE are times with many choices. Here’s just one other choice that many of you might be pondering over — should you shift to a personal loan to pay off your credit card dues? Raghu has the same question. Let’s understand Raghu’s situation in life. He has Rs 60,000 as outstanding on his credit card, [...]

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Did You Know? | How much home loan are you eligible for?

by free stock tips Loans n You

Two most important factors that decide the amount of home loan are your income and repayment capacity Home Loan Eligibility criterion: Two most important factors that decide the amount of home loan are your income and repayment capacity. Factors such as qualification, age, dependants, assets, liabilities, credit report, savings and the stability and consistency of [...]

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The Pros and Cons of Personal Loans

by free stock tips Loans n You

Should you go for a personal loan? The answer depends on your circumstances. If you have a pressing need for cash, and don’t have any assets, but own a credit card, a personal loan is certainly advisable. This is because cash withdrawal using your card is far more expensive than a personal loan. But if [...]

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