Manya Ghosh

Two people need Rs. 1.5 lakh. One puts it on a credit card and pays the minimum due each month. The other takes a personal loan at 15% and clears it in 18 months.

Taking a personal loan is the easy part. Managing the EMIs, month after month, is where the real work begins.

Nobody puts "tampered odometer" or "unpaid loan still attached" in a listing. The car looks clean, the seller seems straight, the papers are there. And yet these problems show up constantly after the deal is done, not before. Running a VAHAN check and eyeballing the RC is not the same as actually verifying a car. Here is what that actually involves.

Applying for a personal loan today is much easier than it was a few years ago. You can check your eligibility, upload documents, and complete the application process without stepping into a branch.

You’ve spent weeks picking the perfect car, and the showroom quote looks surprisingly affordable. Then the final invoice lands, which is nearly 15% higher. Confusion, even frustration, sets in. You’ve just bumped into the difference between ex-showroom price and on-road price. Knowing this gap isn’t just about dodging surprises; it’s the key to setting a realistic budget and arranging the right finance. Let’s break it down clearly.

Seeing a three-digit number flash on your credit report can feel like opening a report card. But when that number reads credit score 777 is it good or bad? In short: it’s not just good, it’s excellent.

Rajesh retired a few years ago and now depends on his monthly pension. When his wife needed surgery, he had to arrange a large amount of money. He did not want to sell the family home that he had built over the years. Then, a friend suggested taking a loan against the property instead.

You decide to take a Loan Against Property because you need funds for an important purpose. Since you already own a property, getting the loan seems straightforward. Then the lender asks for your CIBIL score, and suddenly you start wondering if that one number can affect your approval. Many borrowers have the same question. 

Medical emergencies, weddings, educational costs, all sort of situations throw curveballs in your life, and sometimes require you to pool in resources and get money quickly. Borrowing in these cases becomes the only obvious recourse. But which kind of loan is apt for your needs?