On a positive note
The surprise 25 basis points rate cut by the RBI on Thursday may be a mood lifter for the beleaguered real estate sector hoping for a revival. But the deeply embedded and complex problems plaguing the industry Read more..
Deal4loans has helped over 49 lakh customers get best deals for their loans
For any need that we have, internet has become the first go-to destination. The availability of information at the fingertips is no doubt a boon. Read more..
Should you go in for debt consolidation?
Debt consolidation happens when multiple loan and debts are clubbed to arrive at the total figure a borrower owes to different banks or credit cards. It is normal for someone to have different types of loans today - personal, car, and education among others. Similarly, one may tend to accumulate unpaid balances on multiple credit cards and it may struggle to pay it off completely. Read more..
Should one change one's bank in the middle of home loan tenure?
The interest rates on home loan are generally between 9.5 per cent and 12 per cent and switching to lower interest rate ensures good savings. Watching a major chunk of your salary being eaten up by home loan EMI is quite depressing. Read more..
Finding it difficult to repay your home loan? Here's what to do to avoid a possible default
Home loan is a long-term contract between you and your bank. For, loan repayment can take 10 to 20 years and even more. Given the size of the EMI (equated monthly instalment), which may vary from 25-50% of your monthly take-home salary, it is quite likely that you may land up in a situation where you may not be able to repay your home loan. Read more..
Essentials of loan against property and should you go for it
Among a host of loan options provided by banks, a relatively popular product is the Loan against property or mortgage. The product clicks with borrowers because it generally allows one to borrow a relatively large sum of money for any need. It generally has easy documentation, speedy approvals and flexible repayment options. Read more..