Author: Brent Bray

Personal loans are usually disbursed to individuals either by banks or by other financial institutions like Non-Banking Financial Companies (NBFCs), to help cover their personal expenses like marriage, home building, children’s education, purchasing cars, etc. They are generally availed when one is short on funds or is faced with a financial emergency. These loans are unsecured and do not require the borrower to pledge any collateral asset. What is the difference between banks and NBFCs? The major difference between the two is that a bank is a licensed financial institution which is authorized by the government to provide banking and financial services. On the other hand, a private company which provides banking services but does not hold a banking license is termed as NBFC. All banks

Housing loan is a long term commitment which requires tremendous patience and a large sum from your monthly income which goes off as the EMI. One may tend to feel the loan as a burden over the course of loan tenure because of the high rate of interest charged. A home loan balance transfer is the utmost solution of sailing through the home loan tenure by shifting from the present lender with the high rate of interest to another lender who has a low rate of interest on offer. A home loan balance transfer is also known as refinancing. It is an excellent option if one wishes to save on some money that would have gone as interest. As a borrower, it is, however, necessary to get to know all the details and understand the process of the home loan balance transfer. Why should one opt for a hom...

Everyone must consider the importance of funding before beginning with any kind of business. Having a good amount of fund helps in better establishment of the businesses and this must be done by keeping in mind the market situation and the financial condition. Be it any startup or established business, to fulfil the objectives of the businesses, proper fundraising is necessary. Focusing on the various ways of fundraising is necessary, and so is the funding procedure. These two significant business components are required for getting a better potential for the fast growth of the business. There are different types of business funding options present in the market and opting for those helps in sustained business growth which is undoubtedly necessary for all the companies. Whenever any inv...

If you’re looking for a payday loan, there’s every chance that you’re under immediate financial pressure and have something urgent to pay for, like a critical bill, the kids school fees or groceries. There’s no shame in it. Practically everyone experiences financial strain at some point or another and there’s not always a friend or family member available to help you out, or the option of a personal loan from a bank if your credit rating has suffered. Short term low value loans, payday loans, are available for just this kind of emergency. They’re not the cheapest way to access finance and they won’t suit everyone but if you’re in a financial pickle, they might be the best solution for you. In Australia, there are significant protections in place for payday loan borrowers and the sector i