What is the most important factor when selecting a home loan?

What is the most important factor when selecting a home loan? Home loan is a very effective method of increasing your ability to invest in a home and it has many benefits but a borrower has some doubts before applying for a home loan. From buying a house to construction or renovation, There are many […]

Are microfinance loans effective ?

Are microfinance loans effective? Microfinance loans are a good source of investment for people with lesser needs. It is a very helpful loan for small businesses, It provides them with the funds they need for setting up or expanding the business. Getting a microloan is simple and the approval takes very less time. The interest […]

How many people can be co-applicant for mortgage ?

How many people can be co-applicants for mortgage? A mortgage loan is one of the most commonly used loan methods. A home loan is very helpful for a home buyer. It increases your ability to invest in a property and you can also increase your credit score with the help of a loan. Banks allow […]

What do You Need to Apply For a First Time Mortgage?

What do You Need to Apply For a First Time Mortgage? If you are in need of funds for buying a new home or any other similar project then a mortgage loan will be really helpful for you. A home loan is very helpful for a first-time homebuyer and also an experienced buyer. It substantially […]

What Happens If You Fail to File ITR on Time?

Quick Read: What Happens If You Fail to File ITR on Time? When your annual income crosses a certain amount, Some tax is charged upon the income. The income tax return is filed to pay the taxes. You should file ITR on time or else you will have to face penalty or even punishment depending […]

Loan Restructuring Vs Loan Refinancing

Loan Restructuring Vs Loan Refinancing Loan/Debt Restructuring and Loan/Debt Refinancing are two different processes but are used in a quite similar situation and both have their complications and affect on the credit score. Let’s have a look at both of these methods. Loan Restructuring Vs Loan Refinancing Loan Restructuring : Debt restructuring is the process […]

What are the benefits of loan?

What are the benefits of a loan?  Loans are an important accessory for getting extra funds for a specific purpose. There are many types of loans and every type serves a different purpose. Home loan is one the most commonly used loan, especially in the real estate industry. It is very helpful for the buyers […]

How do loans benefit a business?

How do loans benefit a business? In a business, You always need funds to keep the business moving smoothly and also for the growth of a business. A loan benefits a business in many ways irrespective of the nature of the business. The availability of funds helps businesses in expansion, maintenance of cash flow, hiring […]

Why business loan is important?

Why business loan is important? It requires funds to start, run or expand a business, and business loans are an important accessory for getting funds to boost businesses. A business needs funds for many things such as getting new equipment, increasing the workforce, expanding, etc. This loan is different from other loans and it has […]

Does CIBIL(credit) score affect my rate of interest?

Does CIBIL(credit) score affect my rate of interest? CIBIL or credit score directly affects loan interest rates. They are related to each other and a good CIBIL score is also very necessary when you are applying for a loan. It is proof of your performance in the past and affects the interest rates decided by […]