Category: Loans
Lenders adjust fixed home loan interest rates
Several Australian banks have adjusted their home loan interest rates this week, with some lenders lowering their fixed rates, while others...
Explainer | What is loan-to-value ratio and why is it important?
Often home loan borrowers come across several criteria set by lenders, mainly related to annual income required to be eligible for a home...
The Royal Commission could trigger big changes in home loans
After holding seven rounds of public hearings and collecting more than 10,000 submissions, the Royal Commission into Misconduct in the...
All you need to know about peer-to-peer lending platforms
Peer-to-peer (P2P) lending platforms offer themselves an easy solution to borrow money for short-term requirements. This could be buying...
Pre-approved loans on your fingertips: Should you go for credit line when in need?
In October 2017, Umesh Rathi, 48 years, salaried person residing in Indore required Rs 5 lakh for home renovation. He applied for credit...
Key things you need to know before becoming a co-signer for any loan
In 2015, Vikram Shah residing in Mumbai co-signed a home loanbank documents as a good deed to help his friend Manoj Rao in purchasing a...
Availing a loan for your marriage? Keep these key points in mind
Millennials are keen to have a spectacular wedding for themselves but don’t generally look at its impact on their financials and future...
Defaulted on home loan EMIs: Know your rights in case debt collectors knock at your door
n 2016, Jayesh Mathur residing in Delhi purchased a home by taking a loan from PSU bank. At that time he had over-stretched his financial...
Applying for a home loan? Stay away from the flat interest rate trap to save money
There are banks, NBFCs and online lenders who promote easy and quick loans on flat interest rates. These flat interest rates have been used...
Avoid rookie mistakes: Top 5 factors to consider before taking a loan against property
With a loan against property, you can overcome any cash crunch, especially that which requires a substantial amount. Whether you are paying...
