The largest loan in the portfolio of a borrower is usually the home loan. Even though a home loan helps you build a beautiful abode for yourself, the home loan equated monthly instalments (EMIs) can take up a significant portion of your…
Let us differentiate the two mortgages so that we have a clearer understanding of both. What is a mortgage? A mortgage is a valuable asset belonging to an individual which he uses as collateral to take a loan. What is…
How Personal Loan Prepayment Could Benefit You Repaying a personal loan well within the timeline is a great way to reduce your debt. People often debate whether they should prepay a loan or, at the same time, wait till the completion…
Buying a car is everyone’s dream. Whether an SUV, sedan, or hatchback, the first car always holds a dear place in your life. Most people buy their cars through loans. Though it is good to buy a car on loan,…
Buying things with a loan is quite common nowadays. You may not have all the money to pay upfront for an item that you want to purchase, and in such times bank loans are quite helpful. Banks provide loans with…
