• Team Antworks
• Credit Counseling .

Not one day goes by without hearing heated debates on GST. Now, that GST is here to stay, it’s time to look at its impact on the end consumers, especially those looking at taking personal loans or home loans. Let’s get the Basics right: What is GST? GST or the Goods and Services Taxes will … Continue reading “Impact of GST while availing a Loan”

• Team Antworks
• Home Loan .

Lowered interest rates and a dizzying array of offers are some of the claims, banks and other NBFCs offer to tempt borrowers to make the switch. What’s not to love here? Highly tempting, right, especially when you can cut down on the EMIs you pay every month. Pause a bit, before you jump ahead But, … Continue reading “Is Transferring your Home Loan Beneficial in the Long Run?”

• Team Antworks
• Home Loan . Personal Loan .

Consider this situation. You have availed a home loan of 40 lakhs, five years back. You have paid off 10 lakhs. Now, you find that certain rooms in your house are due for a major renovation. You have decided to apply for a personal loan and approach your bank. Scenario 1: The bank officer accepts … Continue reading “Taking Top Ups on Loans”

• Team Antworks
• Home Loan .

For most Indians, it’s once in a lifetime dream to own a home. Sadly, the EMIs of our home loans eat up a huge chunk of our income for a major part of our life. So, it’s natural to want to break free from the burden of your EMIs as soon as possible. Borrowers are … Continue reading “Tips for Prepayment or Foreclosure of Loans”

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• CIBIL .

Enter CIBIL Lenders are now equipped with precise and accurate credit report provided by the Credit Information Bureau Limited (CIBIL). This report has all the relevant details of your credit transaction including credit cards and loans. Since this data is collected from your transactions all over the country, whether you have defaulted on your credit … Continue reading “What do Lenders do when you apply for a Loan?”