SPS Finance Advisory

20/03/2019

होली की बहुत बहुत शुभकामनाएं।

15/03/2019

Financial Services and Consultancy! Call us now @ 9810333912 for assistance. www.spsfinadvisory.com

15/03/2019

Feel free to connect for Corporate Loan, Working Capital Loan, LAP, Business Loan, Home Loan, etc. On 9810333912

04/03/2019

Financial Services and Consultancy! Call Us Now @ 09810333912 for assistance.

17/09/2018

Financial service

17/09/2018

Here are a few rules to follow while taking a personal loan

Don't borrow more than you can afford: Don't live beyond your means; take a loan that you can easily repay. "You should be careful how much personal loans you take on. Do not keep purchasing things on EMIs. Till the time your cash flows are suitable to handle the EMI outflows, it is fine. Don't go overboard".

Don't default on your payments: Missing an EMI or delaying a payment are among the key factors that can impact your credit profile and hinder your chances of taking a loan for other needs later in life. Your credit card bill, make sure you pay the entire bill amount even though just paying the minimum monthly amount may seem enticing. It might be mandatory to just pay only 5 per cent of the credit card outstanding amount and the balance rolled over to the next month. Don't do this.

Don't borrow to splurge: If you go on to any payday loan website, you will see testimonials from young people talking about how easy it was from them to avail of a loan to fund expenses like a concert, a smartphone, or even a foreign holiday. This is not something you should do. Take the loan only if you need to. (A payday loan is a loan that is relatively low amount borrowed at a high interest rate for a short period of time.)

“Avoid taking loans for general discretionary expenses”

15/08/2018