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What are the major issues we should consider in taking Car Loan/ Auto Loan?
- 23/02/2016
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Owning a car for private use or family use is not anymore a matter of luxarious life style. people are trying to purchase car with borrowing money from banks and other finacial institutes. Car Loan/Auto Loan is getting very popular in our country as it ensures lots of convenience for general people. Nowadays, it is very easy to get a car loan from the banks and other lending companies. But a borrower can be in trouble if they don't consider...
Read moreWhat should be in the Checklist for selecting a Credit Card?
- 10/02/2016
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- Administrator
If you are considering to apply for a Credit Card your check list must contain the following issues: What is the rate of interest? Rate of interest plays a very significant role for any loan or borowing. It is most important because the monthly installment amount depends on this major covenent. Does the financial institution charge any processing fee? Processing fee is also very important. Normally it ranges from 1.00% to 3.00% of the loan amount. Any other fees they charge? What credit limit would you...
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