Presently, Interest rates on Home Loans offered by Banks and other lending institutions such as NBFCs are at a multi-year low. With a good credit profile, one may get a Home Loan at an interest rate of around 7%. Considering the prices of real estate haven't increased over the last few years, and this could be the right time to own a home for those who live on rent. But, … [Read more...]
CIBIL Score
A CIBIL Score is a 3-digit numerical number that falls in the range of 300-900 which represents your ability to repay the credit or represents your creditworthiness. The score is calculated on the individual's credit report. If the is score near around 900 then an individual can get loans or credit cards easily while if the score is low then it will be difficult to get credit … [Read more...]