Home prices, which have witnessed a relative slowdown in growth, will continue to be under pressure, Japanese brokerage Nomura has said.
NRIs are eligible to apply for loans in India but should pay back the loan in Indian rupees only.
The purpose of setting a credit limit is to help maintain a good credit score.
Alternate credit scoring models have emerged as a solution to this since they are more inclusive as compared to the traditional models employed by banks.
A charge-off and a write-off are two completely different things. If your debt is charged off, it doesn’t mean that it is paid off.
As attractive as the scheme may appear, it can turn out to be a trap for borrowers/ buyers.
Credit card debts attract high interest rates, which may be as much as 40% annually on your unpaid amount. This is supplemented by late fees, collection charges, or even legal fees.
Involvement of higher loan amount and long tenure makes the decision of choosing the right lender for your LAP even more important
Typically, GST is charged at 12% of basic sales price of property for most under-construction properties except affordable homes where GST is charged at 8%.
You should ideally be using not more than 30% of your monthly income to service your debts.
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
Some NBFCs provide funds covering complete cost of education, including living and other expenses, books and equipment, etc. without putting a cap on the amount that can be borrowed.
The interest rate you’re offered is almost always going to depend on your credit health.
People usually explore banks for an education loan, but the rising non-performing assets (NPAs) in this segment have made banks wary.
Many credit cards offer you complimentary access to airport lounges, not just at domestic destinations but also international ones.
The US stock markets – Dow and Nasdaq – are once again at their lifetime highs, while stock indices in India too reached their record high recently before receding a bit.
You can approach a new lender with the demand for more money or for a longer term or both.
At a time when renting is becoming more attractive, the desire to own their own home still comes out on top with 69 percent of millennials calling it their top priority
A situation when you find yourself in need of funds for fulfilling some of your personal need, in such case personal loan comes in handy.
Home loan balance transfer can help reduce total interest cost without incurring penalty, as long as the loans are on floating rates
Under this scheme, SBI offers loan of up to Rs 10 lakh at a reduced interest rate of 8.45 percent per annum along with waiver of processing fee
Always keep in mind that using credit cards abroad attracts currency and network-based charges, such as markup fees or foreign currency transaction fee, etc.
Here are a five things you should do immediately once you pay your last home loan EMI
If you are receiving funds in dollar terms, you are getting more bang for your rupee
When we make reference to interest rates on personal loans, it is important to note that the credit score and your repayment history significantly influence the cost of borrowing.