Day: March 11, 2019

Have you heard about the concept of the reverse mortgage? What is reverse mortgage and how can it help you avail a huge amount of money without hassles? If you wanted to know about it, then we are here with a quick post to help you out. What is Reverse Mortgage? A reverse mortgage is a home loan in which the borrower receives the loan amount in some installments for a home that he/she owns. It is also referred to as the opposite of the home loan where the borrower…

In today’s era, credit cards are extensively used as an alternative for making payments when you are short on funds. Moreover, the ease of using a credit card for day-to-day spends merely is undebatable. Whether to book flight tickets, shopping, dining or hotel-stay, the benefits offered by credit cards are endless. A credit card is a significant financial product provided you manage it well. However, one of the biggest challenges faced by many people is choosing the right credit card for themselves, considering the full range of choices available in…

Before investing your savings in a company FD, verifying your issuer’s financial stability is vital. This ensures that your investment is a successful one and your money is parked in safety. While word of mouth is a good starting point, it isn’t sufficient to make a wise decision. To get an objective analysis on your NBFC FD, inspect the ratings that reputed credit rating agencies attach to it. Agencies like ICRA evaluate details like the company’s track record and its risk management system before passing a judgement on the FD’s…