Author: James Carter

With Gold Loan, you can borrow money using your gold jewelry as collateral. In other words, you will continue to store your gold jewelry with the lender, who will then allow you to borrow money against them. You can return your gold to the lender by repaying the loan in full within the specified time frame. You aren’t permitted to borrow the total amount of the gold’s value, though. Loans from lenders are often limited to a particular portion of the gold’s purchase price. A loan against gold, however, makes a lot of sense if you have a financial emergency…

It can be tough to qualify for a home loan. Unless you have an impeccable credit score and a healthy down payment saved up, you may struggle to get approved. But don’t worry – there are ways to improve your chances of qualifying for a mortgage. Check out these six tips below. 1. Improve Your Credit Score A good credit score is one of the most important factors in qualifying for a home loan. Lenders use your credit score to determine your risk level; the higher your score, the more likely you are to be approved for a loan. If…

Personal loans are one of the most popular ways to tackle financial emergencies. They are unsecured, and individuals can acquire them without collateral. However, approval of an application needs to undergo certain criteria. A Lending institution might reject an application when the debtor fails to meet the eligibility criteria. Therefore, applicants must always meet the eligibility criteria for an instant personal loan online. Read on to understand more about India’s eligibility criteria for Personal Loans. Understanding the criteria to get personal loans in India The terms for getting a personal loan might vary from one financial institution to another. The…

No one has any doubt that getting a personal loan is a good way to deal with a wide range of money problems. For example, we will need a loan in order to pay for our tuition at the school. But there are good things and bad things about everything in this universe. There are some good things about getting a loan, but there are also some bad things that you should think about. Now, the question is what benefits you can expect from getting the best personal loan in Singapore. Is there something bad about getting a loan? Will…

Deciding your eligibility for a personal loan is the initial step that a bank lender takes while considering your application for a personal loan. For evaluating your personal loan application, all lenders go through your credit score, monthly income, current loans, and employment history to assess your repayment capacity. FOIR’s full form is a fixed obligation to income ratio, which is included in the evaluation assessment of most lenders. Let’s understand here what FOIR is and how you can calculate it when availing of a personal loan. What’s a FOIR? In simple terms, FOIR is the fixed monthly cash outflow…

There are different types of medical insurance policies available in the market. You can choose from individual health insurance, family floater insurance, critical illness insurance, medical insurance for senior citizens, top-up health insurance, and others. As the range of policy plans by the different insurance providers in the market seems overwhelming, you must like to know about the benefits of other medical insurance plans. Why invest in a medical insurance plan? Lifestyle diseases A sedentary lifestyle, technology addiction, pollution, poor eating habits, fatigue, and unhealthy living conditions are some significant factors leading to severe health issues that affect people emotionally,…

A personal loan is the best option when you need money for an urgent need for a short period. It can be availed for any purpose. A personal loan can be availed by both salaried and non-salaried individuals. A personal loan is an unsecured loan, the lender approves the loan based on the applicant’s information, such as age, income, existing debts, and credit score (CIBIL score), among others. Unlike a secured loan such as a gold loan, securities loan, or real estate loan, no time is spent evaluating the collateral. There may be different types of loans, depending on the…

Purchasing a home in India is everyone’s dream. But saving up and buying a house is expensive. Even the lowest-priced homes can be unaffordable for many people. And that’s where home loans come in. If you have a stable income and enough money to meet the down-payment requirements, you can apply for a home loan and expect hassle-free approval. You only need to make sure to have the relevant set of documents for the home loan. You can find the detailed list of documents required for a home loan on the lender’s website. If you want to buy a home with funding assistance…

People frequently search for loans to improve their financial situation. Borrowers have several alternatives accessible to them when it comes to obtaining a loan. One option that is often overlooked is securing a loan against property. If you need money and own property, you can secure a LAP loan. A loan against property (LAP) is a form of secured loan, which means the lender has the right to confiscate the collateral if you do not pay back the debt. To secure a loan against property, it is essential to understand how this can be done. Various factors will influence the…

A credit score is a three-digit number that provides a quantitative representation of a person’s ability to obtain financial assistance, as well as their financial condition and credit history. Credit scores are evaluated by lenders to ascertain whether or not a potential borrower is eligible for a loan and, if so, to establish the terms and conditions of the loan. Your free credit score plays a significant role in determining whether or not a borrower will be able to return the money on time. Who Uses Credit Reports and How Are They Used? When deciding whether or not to issue…