The first major purchase that all youngsters do when they become financially independent is to buy a car. It’s more than a mode of transport. It’s a way to signal freedom. Also, owning a car is a great way to escape from the hassles of congested public transport. However, most youngsters don’t have the necessary … Continue reading “Guide The Step-by-Step to Availing Used Car Loans in India”
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Let’s consider the Case of Person A, who is working in Qatar. He wants to gift a car to his parents back home but doesn’t have the sufficient funds to pay for it fully. What do you think, he can do? Well, if you are an NRI and facing a similar situation, then there’s reason … Continue reading “Loan Guides for NRIs – How to Get a Car Loan in India?”
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Owning a car is a big dream comes true for most of us. While getting a new car is often out of reach for the majority, used cars help in realizing your vehicle dreams. Used car finance is offered by banks and other non-banking financial corporations. The total amount availed in used car loans are … Continue reading “Factors that affect your Used Car Loan EMI”
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If you want to save money when you purchase a car, then you have to do more than bargain or negotiate with the car salesman. A mistake on your car loan costs you tens of thousands of rupees and wipes out the savings you obtained, when you haggled over the price of the car with … Continue reading “6 Classic Mistakes Borrowers make when Applying for a Car Loan”
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If you have a low credit score, it doesn’t certainly mean that you cannot buy a new car or only get a car loan whose EMI would break the monthly budget. In India, it is generally recommended that you should have a CIBIL score of 700-750 or above to get the best deals on car … Continue reading “Availing a Car Loan with a Low Credit Score”
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