by trueimpactdigital | Oct 5, 2024 | Loans
Foreclosure of a Loan Against Property (LAP) involves repaying the outstanding loan amount in full before the end of the loan tenure. While this can help you save on future interest payments, many lenders impose penalties for early repayment (foreclosure) to...
by trueimpactdigital | Oct 5, 2024 | Loans
How to Refinance an Existing Professional Loan Refinancing a professional loan allows you to replace your current loan with a new one, typically offering better terms, such as a lower interest rate, reduced monthly payments, or an extended repayment period....
by trueimpactdigital | Oct 4, 2024 | Loans
How to Refinance an Existing Home Loan Refinancing a home loan allows you to replace your current mortgage with a new one that typically offers better terms. The goal of refinancing is to secure a lower interest rate, adjust the loan term, reduce monthly payments, or...
by trueimpactdigital | Oct 4, 2024 | Loans
A professional loan is a type of unsecured loan offered to self-employed professionals such as doctors, lawyers, chartered accountants, and architects. Foreclosure of a professional loan refers to paying off the outstanding loan amount in full before the end of the...
by trueimpactdigital | Oct 3, 2024 | Loans
Missing an EMI (Equated Monthly Installment) payment on a loan can have financial and credit consequences, but there are ways to manage the situation and minimize damage. Here’s a step-by-step guide on how to handle a missed EMI and get back on track: 1. Contact Your...
