Wherever you go, you hear the terms of budget, loans, bonds, stocks, crypto, and many more. Finance has become one of the highest searched topics that people want to learn. People want to get control, build different streams of income, build passive income, buy real estate, buy bonds and increase […]
An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMI depends upon the tenure for which a loan is taken. EMI is high for a tenure of short period of time as compared to long period. Equated […]
Personal Loan are the loans that are given for personal use. They are usually secured loans as the commodity purchased using the loan act as a collateral. Types of Personal Loan • Motor Loan– A secured loan granted for the purpose of purchasing a vehicle like car, motor cycle is […]
Loan •A loan is a form of debt incurred by an individual or other entity. •The lender, usually a corporation, financial institution, or government advances a sum of money to the borrower. •In return, the borrower agrees to a certain set of terms including any finance charges, interest, repayment date, and other […]
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