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Showing posts from October, 2018

Want to get a Home Loan?

If this is your first home loan, there will come so many questions on your mind and there are countless chances that you could lose out these factors. There are some important points that you need to watch out before taking a home loan. The first and primary thing that you should do is get your credit report. It has become simple ever since RBI has made it mandatory for the credit agencies to provide their customers with 1 free credit report each year. So, acquire your credit report and check your credit score. Any credit score above 750 is measured a  good credit score . The reason behind check your credit score at first before doing anything else is because your credit score is like a report card on your credit health, i.e. how reliable you have been in repaying your past loans. With a high credit score you showcase that you are very careful in repaying your loans and viz-a-viz implants confidence in the lender to provide you with a home loan. With a good credit score you can

Tips and Advice Before Taking a Gold Loan:

When a customer pledges gold including jewelry, ornaments e.t.c as warranty for taking a loan, it is known as a gold loan. The bank or lender uses the gold as security against prospective payment default by the customer. The loan amount sanctioned is a certain percentage of the value of the gold that has been guaranteed. Gold loans  are short-term loans and the payment period can range from one month to a few years. If you are in need of money for urgent expenses and expect to be able to pay it back in a short term period, then this type of loan might be a good option for you career development loan . There are some certain advantages of a gold loans. These are – Lower interest rate on gold loans that is interest rates on these loans are lower than on personal loans since this is a relatively low-risk loan for lenders as they hold your gold as warranty.  The interest rate also varies depending on how much you want to borrow to the total value of the gold you have guarant