alexa

Search in Indianmoney's WealthPedia

  
Home > Videos > Things to Consider Before Taking Loan in Telugu | How to Protect Yourself From Loan Debt

Things to Consider Before Taking Loan in Telugu | How to Protect Yourself From Loan Debt

Start your Journey to Become Rich with IndianMoney's Financial Freedom App,

Download here: https://indianmoney.com/ffa/FmCSZ69pHo

 

Before applying for a loan, ask yourself 5 questions about the loan and why should I need it? If you get an answer, then watch this video till the end to know about loan and how to protect yourself from debt.

1) Why should I need a loan?

Some people do not need a loan they will take simply because banks or credit card company calls them regarding the loan and interest rate. So make sure whenever you require a loan go for it otherwise ignore.

2) Is this Loan Good or bad for me?

Ask yourself before applying for a loan, is this loan good or bad for me. In case, if the processing fees is higher, the interest rate is higher, purchasing unnecessary products, luxury trips then you need to think about it.

3) Loan Eligibility

Check your loan eligibility before applying for a loan such as Cibil score, salary, Other EMI's, Documents, and other parameters to get loan quickly.

4) Interest rate

Please compare the interest rate and processing fees from various banks otherwise you need to pay a higher amount as EMI and processing fees.

 
Get the Best Financial Advice on Click Here

Recent Videos

 
 
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.