Part-payment and pre-payment are phrases commonly employed by borrowers in a similar fashion to trim down their loan period or to lessen their interest payments. While they sound similar, they …
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loan repayment
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Finance
Part-paying your personal loan? Here’s how it affects your credit score
by AutoTrendlyby AutoTrendlyWhile paying debt off totally or in part often makes sense financially, would this affect your credit score? When making smart decisions, it is important to know in what way …
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Finance
Personal loan vs line of credit: Which borrowing option fits you best?
by AutoTrendlyby AutoTrendlyWhen you want to borrow money from a bank for a personal purpose, you can choose from various credit products. These include a personal loan, line of credit, credit card, …
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In India’s ever-evolving credit distribution landscape, personal loans have emerged as a strategic tool not just for meeting financial needs and aspirations such as health, education, medical expenses, home renovation, …