Finance World

  Your   credit score   is a simple number that tells a complicated story. An enormous piece of your financial history — from long term debt to a couple of missed payments— can be summed up by this number. This little figure can significantly affect your life, as it is one of the primary criteria that is considered by banks and finance companies before sanctioning a loan. Let’s Keep It Simple: There are five factors that determine how your score is calculated: Payment History:  This is, without any doubt, the most significant factor. It contributes greatly to your credit score and is a factor that various banks use to determine whether you’re going to default on future credit. Amount Owned:  This is the second most significant factor that goes into your credit score. In case you’re continually “maxing out” your credit cards and “reusing” your accessible credit each month, it demonstrates that you’re struggling to make ends meet. Keep your general credit usage be...

  Having a place of your own to call home has always been a top goal for you. Isn’t it? Well, what if we can say your priority can soon be a reality. You can always get your dream home within your budget because home loans or house loans are there to your rescue. And wait, with Home First, you can not just get a loan for buying a home but also constructing home on your own plot, renovation and extension of existing structure and so on. Well, good news is HomeFirst finances loans for all Indians and NRIs home loans. Check out home loan details available in India, especially with HomeFirst  Home Loan/ Flat Loan/ House Loan The most common of all home loan types to purchase a home or a flat. We finance these loans where you can borrow money to buy a home of your choice. With HomeFirst, you can get these loans approved in just 48 hours. With HomeFirst, you can put up a home  loan application online  and get a seamless digitized experience. You can get up to 90% of the ma...

  A plot is a good investment that grows in value over the long term. Hence, it gives better returns at the resale. Historically Indians are purchasing lands or plots for various purposes predominantly as an investment. A Land loan or   plot loan   is a loan provided by banks to borrowers for the acquisition of a plot of land. The bank establishes a definite period for loan repayment, which you accomplish through equal monthly installments (EMIs). You can use it to purchase land so you’ll build upon it in the future. While home loans can have tenures of up to 30 years, plot loans extend only up to fifteen years. One of the restrictions on plot loans in India is that they can’t be used to purchase agricultural land. Apart from that, it’s fairly easy to apply and acquire approval for a plot loan. Normally, it takes no longer than a week for your application to be approved. You should be a minimum of 18 years old and less than 70 years old. Features of Plot Loan: Land Loan I...