Borrowing money through a so-called private loan or bank loan is often the only option when you need to borrow money and do not have any property that can be pledged for the loan. So you can use the money for whatever you want. You can compare loans with good terms and without collateral It’s […]
Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
Borrowing money and lending money is an ancient phenomenon. However, something that has usually been associated with the lender being the one who made money financially on the loan. In modern times, it has almost always been the case that only the banks were the ones who had the loan yield available. Today, it looks […]
There are a wide range of reasons why you should have a loan that is interest free. Mainly it can be about saving money, rather than paying a high interest cost. It may also have religious reasons. In Islam, there are rules regarding loans. So called “Riba” (ربا) . A believing Muslim therefore commits haram […]
When you buy capital goods, you can almost always split the payment over a longer period of time. It may be that you can split the payment for a washing machine, a TV or a computer over anything between a few months and several years. The offers are often marketed as interest-free. While this is […]
There is a widespread notion that the cash contribution for a home, such as a villa or condominium, has to be paid for with its own money, ie money that you have not borrowed but saved yourself. There is no such requirement. You can very well borrow for cash . Cash contribution and mortgage ceiling […]