Adopting to refinance may sound an easy way out to many home loan borrowers when RBI announces a rate cut, and banks do not offer the new rates to its existing loan borrowers. But should you refinance your car loan, home loan and personal loan? Let’s take a sneak peek to know the answers – Should You Pay-Off your loan? Prepaying a personal loan or car loan or even a debt of credit card could benefit your financial portfolio; however […]
Should I refinance my loan?
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Did you know
An individual spends 38yrs of his lifespan living with current and future dreams and goals like child education, child marriage, car purchase, home purchase,(all within this 38yrs) and also needs to allocate resources for the golden years, that span another 20 yrs post retirement at age 60yrs. Therefore, these 38 yrs include planning for present and future needs and spending for lifestyle needs and this is possible only by proper financial planning.