Urban Money Blogs

Key Deciding Factors of Loan Against Property Interest Rate
January 12, 2022

One of the most secure ways of lending is Loan Against Property (LAP). It provides an affordable funding key for a number of expenses. This secure loan method allows the borrower to keep their immovable property as collateral for lending the money. Here, if the borrower is unable to pay…

Category:LAP Archive
Personal Loan Glossary – Important Terms You Must Know
January 10, 2022

A personal loan is one of the most common methods of availing of a loan and accumulating those funds to fulfil personal or business requirements. The personal loan can be meant for varied reasons such as higher education, marriage purpose, home renovation, starting a new business, and everything else that…

Category:Personal Loan Archive
A Detailed Guide On When To Take A Personal Loan
January 10, 2022

One of the feasible options to quickly meet a financial urgency is definitely a personal loan. Not only can you get them fast, but also they are highly flexible and easily accessible. Furthermore, a personal loan can be instrumental, pertaining to emergencies as well as for weddings, travel, and shopping,…

Category:Personal Loan Archive
Factors That Affect Personal Loan Interest Rate
January 10, 2022

Are you confused about the affordability of a personal loan? The financial implication greatly relies on the personal loan interest rate. The interest rate for a personal loan varies from one applicant to the other. There are numerous factors determining the interest rate of a personal loan. So it is important…

Category:Personal Loan Archive
Taking a Home Loan With Your Sibling – Yay or Nay?
January 10, 2022

The slashed real estate prices and falling interest rates have offered exceptional opportunities for destined property buyers. At this time when the interest rates are all-time low, you can avail property at alluring discounts. Additionally, people are selling out the properties to lower the EMI burden. Worth mentioning point is,…

Category:Home Loan Archive
Why You May Not Get a Home Loan Despite Having a Good Credit Score?
January 10, 2022

Housing Loan interest rates are at their lowest ebb making it a perfect time to plunge and purchase the property you admire. But if you are pondering that your good credit score is for the home loan approval, well you are highly mistaken. Keep reading to figure out, as Urban…

Category:Home Loan Archive
Why You Should Review Your Home Loan Periodically?
January 10, 2022

When real estate prices are soaring high, thinking about procuring a housing loan is the most feasible option. It not only makes your dream come true but also offers a spectrum of benefits including tax deduction. Your role isn’t limited to making timely payments only since the market trends pertaining…

Category:Home Loan Archive
Loan against Property vs Personal Loan - What is Better?
January 10, 2022

Loan against property and personal loans are two of the most common options facilitating credit options that come from two totally different categories - secured and unsecured loans. While both have certain boons and banes, one cannot apply for one of them without ensuring the alignment between their offerings and…

Category:LAP Archive
Simplifying the Details of Loan vs Mortgage
January 10, 2022

The lending industry uses the word mortgage and loan on an alternate basis. Even though they are used all the time, there is still a difference between mortgage and loan. A loan refers to the amount that the person borrows from a financial institution for meeting their monetary needs. In contrast,…

Category:LAP Archive