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Tag: emi in arrears

Consider These 8 Points before Taking a Car Loan

Deepesh Raghaw

October 2, 2022

A car is an expensive purchase, and many families take a car loan to purchase the car. In this post, I discuss aspects that you must keep in mind while taking a car loan. #1 Processing Fee Car loans are short to medium term loans. Usually, 3 to 5 years. Hence, the impact of processing… Continue Reading

Understanding ‘EMI in Arrears’ vs ‘EMI in Advance’

Deepesh Raghaw

September 23, 2022

The simplest way to assess the affordability of the loan is to look at the EMI. Lower the EMI, the more affordable the loan is. Because that’s the hard cash you must pay every month. The EMI depends on the loan amount, the loan tenure, and the interest rate. And you can tweak around these… Continue Reading

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