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[financeadvise]

Get easy car loan with GrowwCapital

[financeadvise]

[financeadvise]

Should I use my home loan to pay the car loan?

Many people nowadays pay off their car loans by using their home loans.

A person can obtain both a car loan and a home loan if he/she can pay back both of them.

Why is a car loan paid before a home loan? The reason for this is the difference in interest rate.

The car loan interest rate of different banks ranges begins from 7% and goes up to 16% which is much higher when compared with the home loan interest rate, which starts from 6% and goes up to 12%.

It is better to pay off the car loan with a home loan because then you have to pay the interest loan of the home loan which is lower than a car loan.

[financeadvise]

How to protect your credit card details?

According to the Hindustan Times, around 1.3 million Indians are at risk of credit card fraud. It is because you are not being careful with your credit card details.

Many times people would casually share their credit card details on shopping websites. If websites are not secured will misuse your details. Keep the credit card details protected because they can be misused.

To protect the credit card from being misused, we should follow some steps;

1.Never use credit card details on doubtful sites, as this will protect your card from hackers.

2.To avoid any unauthorized activity, check your credit card history regularly.

3.Never share any OTP sent on your mobile with anyone.

4.A pin code is a key to your credit card lock. Never share and change it regularly.

5.Update bank immediately in case the card is stolen or damaged.

Always keep your credit card with yourself.

[financeadvise]

GrowwCapital is a leading financial service firm in Nagpur. Years of experience on how market is growing and working with the top banks and financial institutions with passion for financial services to help clients meet their business and personal goals. Feeling happy to have such satisfied clients.

Learn More: www.growwcapital.com

[financeadvise]

What is a successful bank loan for a startup?

The best bank for startup loans is very hard to say. Because every bank has different terms and policies for startup businesses. It is based upon an individual as well, what is your priority, and which bank is read to fulfill it. So, firstly you have to do thorough market research to compare the interest rate, tenure, and loan amount they are ready to disburse. Here, I listed some of the good financial institutions that provide startup loans;

“Finance factory” is the one that gives you a loan without checking any business history if you have collateral, credit, or cash flow. This is good for new business owners. Your ideal credit score should be 680.

Next is “Become”, which is a great funding source for e-commerce. Just apply for funding online. You will get it within 24 hours. The tenure they offer is short that is from three to six months.

“Onedeck” provides simple but concrete and focused finance offers. Gives you funding within three days. Raise your funds even with a low credit score. And ask for less paperwork as compared to other lenders. But, you have to be in the inactive business for at least one year. Ask for frequent repayments( daily/weekly).

[financeadvise]

If you’re seeking a career in financial and investment industry, we are the best people to grow with. We offer growth and an environment that will bring out the best in you.

Apply for finance jobs in GrowwCapital 

[financeadvise]

The GrowwCapital is a leading financial firm in Nagpur. We provide personalized services to the customers for all kinds of loans and credit cards. We are having thousands of happy customers who are continously avail our services.Join us to get more information regarding finance.