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Archive for the 'Personal Loans' Category

When Must You Go In For A Personal Loan Bangalore based?

In case you are looking for a theory on whether a personal loan should be taken or not, all we can say is that it cannot be generalized. To decide if you need to opt for a personal loan or not, you must look into your finances at hand, the security assets that you possess [...]

24 June 2011 at 09:50 - Comments

When Must You Go In For A Personal Loan Bangalore based?

In case you are looking for a theory on whether a personal loan should be taken or not, all we can say is that it cannot be generalized. To decide if you need to opt for a personal loan or not, you must look into your finances at hand, the security assets that you possess [...]

24 June 2011 at 09:49 - Comments

When Must You Go In For A Personal Loan Bangalore based?

In case you are looking for a theory on whether a personal loan should be taken or not, all we can say is that it cannot be generalized. To decide if you need to opt for a personal loan or not, you must look into your finances at hand, the security assets that you possess [...]

7 May 2011 at 08:00 - Comments

Benefits Of A Loan Against Property (LAPs)

A loan against (LAP) is a loan taken by pledging the borrower’s existing property as collateral. This can be a very resourceful method of raising money, especially when alternative options prove to be futile. A loan against property is substantially distinct from a home loan, as a loan against property requires an asset like property [...]

14 April 2011 at 12:17 - Comments

Documents Required For A Loan Against Property

A loan against property (LAP) is a loan that is taken by pledging the borrower’s existing property as collateral. This can be an efficient way of raising money, especially when other options prove to be futile. In order to be able to procure a loan against property, the borrower should own an asset like a [...]

12 April 2011 at 05:55 - Comments

Fixed Or Floating

Interest rate is a very crucial component of a loan as this is what dictates the EMIs (equated monthly instalments) that have to be paid during the tenure of the loan. Doing as much research as possible and making a comparison among the various banks and lenders would be the most efficient way of taking [...]

24 March 2011 at 13:25 - Comments

Reasons For A Personal Loan

The reasons for why one may require a personal loan are diverse. However, it is crucial that the borrower understands why he taking the loan. It would be prudent to take a personal loan in case of an emergency or to enhance the value of an asset but certainly not for frivolous and unnecessary expenditures. [...]

17 March 2011 at 06:48 - Comments

Personal Loans Eligibility

There are various factors a lender will consider before approving a personal loan. Unlike loans against property (LAPs), personal loans have a relatively higher interest rate as they are unsecured loans. Financial Stability- Here in addition to the borrower’s nature of employment (salaried or self-employed), lenders consider how long the potential borrower has been employed [...]

14 March 2011 at 12:17 - Comments

Loans Against Property (LAPs)

A loan against property is a loan that is taken by pledging your existing property as collateral. This can be a very efficient way of raising money, especially when other options are futile. This kind of a loan is substantially different from a mortgage as a loan taken by this method requires an asset like [...]

12 March 2011 at 07:26 - Comments