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What is a Loan?

An arrangement in which a lender gives money or property to  a borrower, and the borrower agrees to return the property or repay the money, usually alone with interest, at some future point(s) in time. Usually, there is a predetermined time for repaying a loan, and generally the lender has to bear the risk that the borrower may not repay a loan.

 

 

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Latest News on Finance
7 Sep 2010 14:28
When a privately held company goes public via an Initial Public Offering, it is one of the most significant milestones in the company's entire history. The way it works is that the company issues share certificates to investors and gets listed on a chosen stock market. After the listing, the company's shares can be traded on the market.
7 Sep 2010 13:29
When we talk about financial records, it could be anything from mere receipts and bills to credit card invoices, mortgage papers and loan data. Anything that has affected your cash inflow and outflow could be classified as a financial record. As such, how can you decide which ones o keep and for how long! It can be quite a hassle book keeping all those bills unless you hire an assistant to actually do that for you.
7 Sep 2010 13:11
Recently, I came across a small snippet, or say a part of the book from the Rich Dad Poor Dad series that caught my attention. It was actually crazy as I never thought that such a step taken could actually make you self sufficient if not rich. I was initially quite skeptical but as I thought deeper about it, it seemed to make perfect sense.
7 Sep 2010 12:52
Many investors are choosing CFDs as a flexible method of online trading. CFD trading is the perfect way to create a more diverse portfolio. Online trading is provided on many sites, on live prices. Traders do not have to experience any delays with stock market investing. A CFD is the order of the day. It is traded in an absolutely transparent way and on clean exchange prices.
7 Sep 2010 12:49
Zero percent balance carry-over deals could be the outstanding tool to reduce the rate of interest and utilized as portion of the charge card debt policy. All the same, there are some things that you've to be well aware of. The following are the few basics to look at ahead you obtain one of these balance carry-over deal credit cards.
7 Sep 2010 11:23
Non resident Indian needs to open up few basic bank accounts for their essential financial transaction back at home. Be it to transfer profits earned on mutual funds and share or transfer rental income abroad. Your rental income earned in India can be easily transferred abroad.
7 Sep 2010 11:08
If you are looking out to finance your dream home, make use of a flexible option. Home loans NRI is the apt financial solution for all Non resident Indians wanting to build a dream home. You can buy a new or old flat, construct a house or carry out renovations with the help of NRI home loans. Some lenders have designed loans with attractive features to meet the financial needs of a non resident Indian.
7 Sep 2010 10:46
If you are an NRI wanting to earn income in India, you must open an NRE, FCNR or NRO accounts. These accounts will help you even in case of applying for NRI loans. You can enjoy tax exemptions on FCNR account as it is held on a repatriable basis with zero tax liability and high returns on interest rate. Enjoy tax exemptions, enroll for a pension plan, tax saving fund, insurance policies, Fixed Certificates, loans etc.
7 Sep 2010 10:40
Opening up an NRI account is no big deal. If you choose the online route, you will soon realize how simple the whole process is. If you are a non resident Indian, you can open up your bank account sans any lengthy documentation. You are allowed to open multiple accounts in a single application. It takes the tension away from you, as you and your spouse can apply for it simultaneously.
7 Sep 2010 10:28
Are you an NRI looking out to invest in Indian companies? Shares, mutual funds and convertible debentures are right investment opportunities for you.
     
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