Finance Questions

Archive for January, 2009

Question: Which bank is providing home loan on lowest rate of interest.?

I am planning to take loan of 23 lacs for a flat. The flats would be built and sold by a company. The company has collaboration with some of Indian banks like LIC Housing Finance, Axis, etc. Please advice me which bank is providing lowest rate of interest on home loans and which is the right bank in this way forward.

Answer: State bank of India is offering at 8% which is lower than others.

Investment Finance Tips : Comparing Home Equity Rates

Question: How do I finance a used car for low payments? First car please help!?

I want to get my first car, im 18 and i saved $5,000 so far. I want to get a car that is $10,500 but I want to get low monthly payments because I still have to pay for insurance too. If you have any ideas please help me. I really want this car.

Answer: It's simple, go to a bank, get a loan. Make sure they don't screw you on interest. Look at the payments and make sure you can afford them. Look at the total amout you'll be paying including interest and see if it's worth it. Also, being 18 I'm sure you don't have much credit, so you may need a co-signer. Make sure you make your payments or the bank will go after them and they'll have to kill you. Or...you could do the smart thing, wait till you save about 10 grand, and THEN go look for a car exactly like the one you want. By then, you might realize you want something different anyways.

Payday Loan For People Who Have Bad Credit Bad Credit Loans, Home Loans,Personal Loans,Refinancing Auto Loans, Car Loans, And All Kind Of Loans Visit Us NOw Guaranteed Approval In Minutes