If the primary borrower dies/declares his inability to pay off the debt, banks have the right to approach the guarantor to repay the leftover amount
With the Covid-19 pandemic forcing many to avail of gold loan, there have been rising defaults as many are facing continued stress on their finances.
All the commercial banks and non-banking financial companies offer two-wheeler loans with lots of offers
The CIBIL score 2.0 introduces a risk index score range for individuals with less than six months of credit history
Many banks and online financial marketplaces offer pre-approved loans and credit cards to consumers based on credit score and credit history
Along with the ease of stamp duties and interest rates, women borrowers also enjoy exemptions on home loans under section 80C
It is suggested to refinance your loan initially in the tenure if you are getting a good deal from another bank
If anyone fails to pay up the minimum amount for six months the card account will be deactivated.
The best loan offers are reserved for borrowers with credit scores of 750 or more.
You must try to repay EMIs and credit card bills by the due date. Regular repayment would automatically build and improve your credit score.