Seven smart approaches to reduce loan burden without stressing your wallet

Seven smart approaches to reduce loan burden without stressing your wallet

If you additionally battle to repay your loans, you may have to tweak your approach. Below are a few methods which will help you handle your financial troubles situation better.

Even he would take to purchase the property before he booked a flat in Gurgaon last year, Rajeev Navlur had chalked out a plan to repay the home loan. “Repayment for the loan had been my main concern. We began preparing for the EMIs also prior to the loan ended up being approved, ” states the Mumbai-based advertising supervisor. The home ended up being under construction, so Navlur opted for the moratorium that is 15-month EMIs and paid just simple interest from the quantity disbursed by the lender. Year in those 15 months, he saved aggressively to accumulate funds to cover the EMI for the next one. Lire la suite