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January 19, 2023, Thursday
Fixed or floating rate? Choose floating-rate car loan if you plan to prepay
With interest rates peaking, you could benefit from a decline in them
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October 09, 2022, Sunday
Use data on education loan defaults to rank courses
Information on default rates of specific courses and institutions should be made available to the public. Students could use it ...
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September 30, 2022, Friday
Prepay home loan to tackle 190-bps rise in repo rate since May: Experts
If you don't have a surplus, opt for higher EMI rather than longer tenor
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September 09, 2022, Friday
Term plan works better for covering home loan liability, say experts
Home loan protection plan may only cover accidental death, which could leave the borrower's nominees exposed
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August 26, 2022, Friday
Personal retail loan disbursements rise 42% at end-March 2022: Study
Personal retail loan disbursements recorded an impressive growth of 42 per cent from March 2021 to March 2022, reflecting an ...
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August 06, 2022, Saturday
After rate hike, ask your lender to increase home loan EMI, not tenure
A 50-bps hike on a Rs 50 lakh loan of 20-year tenure would increase the EMI by Rs 1,545
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June 08, 2022, Wednesday
EMIs to soar: Here's how much repo rate hike will pinch home loan borrowers
RBI's repo rate hike spells bad news for those who were looking to buy a home and also for those who are paying their EMIs
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April 15, 2022, Friday
Find out why your credit report shows a loan you don't remember taking
Loans can be issued to you both legally and fraudulently. So if there's a suspicious entry in your credit report, get to the ...
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March 26, 2022, Saturday
Renegotiate home loan terms after borrower's death, say analysts
If heir provides guarantees, lender may ease repayment schedule
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January 30, 2022, Sunday
Buyer shouldn't pay for bank's mistake
Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held ...
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January 14, 2022, Friday
With interest rate hikes likely in 2022, keep loan-to-value at minimum
Don't opt for a fixed-rate home loan even though rates have hit the bottom
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October 14, 2022, Friday
Select lender that will offer amount needed to buy chosen property
While you should evaluate festive offers, criteria like ease of prepayment are also crucial
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October 06, 2022, Thursday
Not just car, get a good deal on auto loan as well, advise experts
Besides discount, look for free warranty, insurance and accessories to lower purchase cost
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September 23, 2022, Friday
Applying for a digital loan? Stick to loan apps on RBI's white list
The name of the bank or NBFC on whose behalf the app lends should be mentioned on the former's website
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September 01, 2022, Thursday
Loans against sovereign gold bonds may help reduce borrowing cost: Experts
There's a five-year lock-in on SGBs and thereafter you may have to sell them at a discount, hence borrow
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August 09, 2022, Tuesday
Parents' income, child's record count in getting education loan: Experts
Students joining a professional course at a top-notch college will find it easier to get approval
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June 18, 2022, Saturday
Defer, reschedule or switch loan if EMIs have increased: Experts
Here are four ways to deal with a rising EMI burden, all of which will, however, require hard negotiations with the lender
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June 07, 2022, Tuesday
Keep recovery agents at bay by working out repayment terms with lender
In extreme situations, file injunction suit against the latter to prevent it from taking coercive steps
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April 15, 2022, Friday
Gold loan: Low-cost option and credit score no bar, say experts
If the price of gold plunges, a borrower can be asked to put up additional collateral
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February 17, 2022, Thursday
Minor rise in interest rates won't impact home loan demand: Deepak Parekh
Says rates are at historic lows now; a housing loan is a long-term loan during which rates move up and down and a customer who ...
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January 18, 2022, Tuesday
Take a home loan before March 31 to avail benefit under section 80EEA
A key positive of this deduction is that you don't have to wait until possession to begin claiming it
