Embedded Files
Decision Making- when taking a loan
Decision Making- when taking a loan
How much loan should we take?:
How much loan should we take?:
How to calculate risk for loans at floating rate?
How to calculate risk for loans at floating rate?
We have to consider the extreme scenario and do the calculation based on that. Because in some cases, loans are for 15-20 years, so change in 2-3% becomes much more significant which can make you bankrupt for life.
Precautions
Precautions
Only take loans from RBI registered banks or nbfcs.
Do a proper risk analysis on floating loan rate vs fixed rate.
Loan should be taken for necessities not for luxuries.
Page updated
Google Sites
Report abuse