A few weeks back, I wrote about the impact of RBI repo rate hikes on your home loans EMIs. RBI Repo rate hikes will quickly translate to longer loan tenures or higher EMIs for the borrowers, especially if your loan is linked to an external benchmark. If there is scope to increase the loan tenure… Continue Reading
Loan EMI and credit card payment moratorium comes to an end on August 31, 2020. While it is possible that the moratorium will be extended, you can’t be sure until RBI makes an announcement. As a borrower, what should you do? Irrespective of what the Reserve Bank decides, you must have a Plan B. You… Continue Reading
You need money but you do not have cash readily available. What would you do? Let’s rule out borrowing from friends & family OR taking salary advance as options. Beyond these, you have two options. Sell some of your investments / Withdraw money from your investments OR Take a loan While selling investments is easy… Continue Reading