In an economy primarily driven by credit, it is relatively hard to get by without it. Everyone has debts, even the banks that lend them. Most people have achieved a lot through credit, from taking loans for college studies, purchasing a house on a mortgage, and even getting a car loan. It, therefore, comes as …
The central bank of the country is the main link in the banking system of any state. The creation of the central bank of issue was due to the processes of concentration and centralization of capital, the transition to unified national monetary systems. In all developed countries, there are several laws in which the tasks …
Central Bank As The Main Link Of The Banking System Read More »
Poor or bad business credit is any credit score that is less than 700 and can be a major cause of worry in your everyday life and disrupt your business plans as well. You have bad credit when you have a limited credit background and a short credit score. Each time you are late on …
Negative Impacts Of Bad Business Credit: What You Need To Know Read More »
The personal loan marketplace in India is full of attractive offers nowadays, thanks to the growing popularity of personal loans. It’s a cut-throat competition among lenders to woo potential borrowers and the borrowers seem to be on a roll too! Almost all the borrowers want to pay less and yet, get more (dare I say …
What is the Best Place to Compare all Bank Interest Rates Online? Read More »
Let’s say you work at a multi-national company and earn a salary of INR 30,000 per month and your friend Sanjay works with a start-up and draws a salary of INR 60,000 per month. Both of you apply for a loan with the same bank, but Sanjay receives the same loan amount at a greater …
Where Your Work Can Affect Your Loan Application Read More »
Your credit card just doesn’t come with ease of shopping and making payments, it is also one of the finest ways you can save money. This depends a lot upon the way you use your card and the kind of card you opt for. Let’s look at some of the most innovative ways one can …
How can we Make Money From our Credit Card easily? Read More »
What happens if I apply for personal loans and then I regret it? All users have the right to cancel the contract, always within a few deadlines and with specific conditions All tye users has the right to cancel personal loans request, in accordance with Law 16/2011, of June 24, on consumer credit agreements.
If you feel that you are paying a high interest rate on your home loan and want it to reduce, you can switch to a bank which offers you so. More and more lenders are offering lower interest rates than usual which makes transferring home loans a lucrative opportunity to save money. It is a …
Even though the economy is showing signs of growth, the SME sector is yet to see things come into fruition. Often termed as the backbone of the economy, the SME sector needs quick and easy access to finance that traditional financial institutions may not be able to offer due to a variety of reasons. Thus, …
5 reasons to consider AltFi for small business financing Read More »
The escalating real estate values, education fees has made most of the home buyers and students turn towards home loans, education loans and personal to acquire their dream property or carry forward their education. This has lead to the vicious cycle of EMI for loan payers. However there are tax benefits given to home buyers …
Tax Benefits for Individuals taking Home, Education or Personal Loans Read More »