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In the realm of financial tools, a personal line of credit stands as a versatile solution that offers individuals a unique blend of flexibility and convenience when it comes to borrowing money. Unlike traditional loans that provide a lump sum of money upfront, a personal line of credit grants borrowers access to a predetermined credit …
When it comes to purchasing a new home, one of the most significant considerations is financing. For many individuals, getting a home loan from a reputable provider is the key to turning their dreams of homeownership into reality. Not only does it provide the necessary funds to purchase a property, but it also comes with …
When faced with the distressing situation of being unable to afford your mortgage payments, it’s crucial to take immediate action to avoid serious financial consequences. In this article, we will explore effective strategies to overcome this challenge and regain control of your financial situation. Assess Your Financial Position The first step in finding a solution …
When it comes to choosing a mortgage, one of the crucial decisions you’ll need to make is whether to opt for a fixed-rate or adjustable-rate mortgage. Both options have their advantages and disadvantages, and understanding them can help you make an informed decision. In this article, we’ll explore the pros and cons of fixed-rate and …
Some of us tend to compare our career scripts to that of previous generations. We only see the difference in salary level, not knowing that Rs 100 in the 1960s is Rs 8,858 in 2022! (This assumes an inflation rate of 7.5%). Therefore, using the same old scale to measure the success or effectiveness of …
There was a time when most people in our country didn’t think health insurance was necessary. However, after two turbulent years of the COVID-19 pandemic, that is no longer the case. As an element of stability in the face of uncertain events, health insurance has found its rightful place as an essential part of the …
In a tweet on Jan. 13, Aashish P. Sommaiyaa, CEO of White Oak Capital, the latest addition to the mutual fund space, announced that the name had changed from YES Asset Management to Whiteoak Capital Asset Management. The change will take effect on January 12, 2022. Sommaiyaa also said that YES Mutual Fund will now …
A quarter of India’s power generation capacity has been shut down, mainly due to fuel shortages. At a time when Idia’s electricity demand is growing at its fastest rate in decades, almost a quarter of all installed thermal, nuclear and hydroelectric capacity is being shut down. According to the monitoring report of the Central Electricity …