LOAN
Why you should not apply to multiple lenders for loan at the same time
If you apply for credit, such as a mortgage, auto loan or credit card, the lender (with your permission) will check your credit report and credit score from one or more of the major credit bureaus.
What home loan borrowers should do to prepare for future interest rate hikes
Though interest rates on home loans are at a multi-decadal low, ...
Should you change your bank? These 6 signs will tell you
Is your bank providing the services you need? If your bank’s product portfolio does not match your needs, it’s time to switch. Your bank could also be offering services you don’t need or want, but you are being charged for them.
Home loans take the digital route: Here’s what you need to know
Financial institutions like PNB Housing Finance have read the room and introduced a user-friendly online platform. It empowers people to apply online for their home loan.
Can a personal loan help you tide over a financial crisis?
Even in a financial crisis, a personal loan used to pay bills like rent, utilities or medical costs is an expensive option and should be considered only after exhausting other options, such as loans from friends and family, crowd-funding etc.
Want to avail low interest rates on home loans? Here are 5 ways you could go wrong
Due to the covid-led uncertainty, interest rates on home loans have never been more attractive. However, there are 5 lesser-known risks you ...
How much car loan should you take?
You should avoid opting for higher EMIs at the cost of sacrificing monthly contributions towards crucial financial goals. Regardless of the amount borrowed, you must first ensure that your EMIs are easily payable and not a strain on your finances.
Who is eligible for compound interest waiver during moratorium and how much will be the benefit
The central government had earlier filed an affidavit in the Supreme Court stating that it would waive interest on interest on loans up to Rs 2 crore for a select category of borrowers.
Interest on interest waiver: How much do you stand to save?
Shambhavi Mehrotra of ET Online speaks to Adhil Shetty, CEO, BankBazaar.com, who explains the math and mechanism of the interest waiver on l...
How to apply for a personal loan?
As with any other kind of loan (i.e., home loan, auto loan and so), your creditworthiness plays an important role in the personal loan getting approved. Lenders gauge the creditworthiness of borrowers by looking at their income details and the credit score.
Here's how not to fall for fake loan apps
One of the indicators of genuineness is whether a lender wants to check your credit report before lending you money. Reputable lenders make it clear that they'll need to look at your credit history prior to approving any loans.
How much home loan interest rates have fallen in last one year
With the festive season in full swing most top banks are offering concessionary rates on home loans along with waiver in processing fee to lure home buyers. ET takes a look at the steep fall in interest rates on home loans for salaried borrowers in the last one year.
What is a bridge loan?
This loan can be taken when a person does not wish to take a long-term loan and is sure of meeting his obligations in the near future from some identified cash flow such as sale of existing house.
