Category: Mortgage

There are many reasons you would wish to start a small business, from creating a product to the discovery of a novel solution to a common problem. To start a business, you’ll quickly discover that it costs a lot of money, especially in the beginning. Getting a small business loan can provide your endeavour with the financial boost it needs to be a complete success. Accordingly, credit cards and overdrafts aren’t the only options for financing your business, although business loans are often the first choice that comes to mind because, unlike traditional bank loans, they don’t need you to give up any of your company’s stock.

A quality college education can lead to a variety of work opportunities and higher pay packages. Choosing the right college will help you achieve both your personal and professional goals. However, with 131 new institutions opening in India in the last four years, finding the one that is right for you can feel overwhelming. Read on to know more about the top factors in choosing a college after high school.

With the kind of price appreciation the real estate market saw in the last decade, buying a home is out of reach if we solely depend on our savings.

A home loan is a boon in such cases and buying or constructing a house with 100 percent home loan is the dream of every first-time home buyer.

Whether you’re an established small business or a new startup, the SBA offers several loan options that you can benefit from, and with flexible repayment options. The aim of the SBA is to facilitate the lending process between established lenders and businesses of all sizes. The SBA acts as both a “middle-man” (facilitating the loan process and connecting lenders/borrows) and a guarantor for the portion of the loan. This is a government-backed program.

SBA loans can be borrowed up to five million dollars, and usually, come with more flexible repayment plans. Today, we’ll take a closer look at some of those repayment options and learn about the process, terms, and more.

A few renovations can significantly boost the value of a property. Hence why many property investors employ the strategy of purchasing rundown properties on the cheap and fixing them up for selling at a profit.

It won’t come as a shock, but house and apartment prices in Australia are expensive. According to CoreLogic’s January 2022 national home value index, the median home value in Australia is just under $720,000 and it’s far higher in cities like Canberra and Sydney.

Credit cards if misused can be scary, but they are also a great way to pay off your student loans, so learn how to pay off your student loans by using one!

With average monthly student loan payments of $460 that take approximately 20 years to repay, 1 it’s harder for student loan borrowers to tackle goals like saving for a house, starting a business, or investing for retirement.

If you’re ready to pay down your student loan debt, here’s what you need to know:

Creditworthiness is an important factor when applying for a loan. Especially for larger loans, banks scrupulously check the creditworthiness of the applicant. A common reason for a rejected loan application is credit rating issues. This is annoying and can derail dreams like a vacation, that new car or even home ownership. As a consumer, however, you have the opportunity to positively influence the rating at banks. How this works is explained in this article.

How do banks evaluate creditworthiness?

The loan agreement is the document that contains – or should contain – all aspects related to a loan. But what is especially important and which sticking points should definitely be paid attention to? The criteria, of course, starts well before signing, because there's one thing every borrower should be aware of: Once the ink, digital or analog, is dry, that loan agreement applies down to the last detail. But what exactly does it matter?