• Loans & Debt Collection

    Figure Out Your Cost Of Borrowing Before Applying For A Loan

    At most of the places, whether your local bank or your family friend, the cost of borrowing does matter. In the case of simple loans such as the EMI, your interest rates turn up to 13% annually, for example. In some other cases, against a fixed loan you might have to give more interest on the sum. And, then you might have to give some securities against the loan. There are also loans that work without any securities. There are even payday loans that work against your salary account. In every case, the cost of borrowing always matters first. So, do not ignore to read the statements correctly before you choose…