How to Remove RTO Hypothecation from RC?
Steps to RTO Hypothecation Removal from RC after Car Loan Closure If you have bought a car with help of a car loan, and completely repaid the loan either by paying through to the...
Tagged: Car Loan
Add Pedal to Metal, Buy New Wheels with a Car Loan
Buying a car is often an emotional decision. Be it whatever expense needed to buy the new wheels, you would want the automobile to reflect your lifestyle and personality. So how do you bridge the...
Why Credit Score Is The Only Number You Should Be Concerned With
Credit score represents your creditworthiness. It is determined by your credit files – loans, debts, repayments, missed payments, number of loans and credit cards in your name and such other factors. The maximum score...
How Pre-Payment Can Help You Win The Game Of Loans
Debt is a part of most people’s financial lives. What makes repaying it significant is its effect on your credit score, personal credibility and future loan applications. Any time you apply for a loan,...
Boot Camp For The Financially Disorganised
A lot of us are ill-equipped to deal with financial matters. Mentioned below is a list of things to do to take control of personal finances. Keep a notebook and a pen ready before...
10 Things To Be Aware Of When Debt Collection Agents Come Knocking
It is imperative that you repay your loan in full and on time by paying EMI regularly. However, certain unforeseen circumstances can affect your timely payments: Medical emergency Loss of job High inflation Rising...
Difference Between Mortgage, Hypothecation and Pledge
Mortgage is a commonly used term in banking and finance sectors. It means to keep one’s immovable possession as collateral, usually a house, in return of a loan. This is done by signing...
Factors Affecting Rate of Interest
The interest rate is the rate at which a person borrows money from a lender. The amount that is borrowed is called the ‘principle’. The cost you pay for borrowing it is called the...
Layman Series: Who is a Guarantor and What are Guarantor Loans?
A guarantor is the person who signs an agreement to pay off the borrower’s loan if they default. They are like a safety net when borrower finds it difficult to make timely payments. Usually,...
