Easy Finance - Loan Provider Agency in Thane

When shopping for personal loans, borrowers will find that there are two main types of loans — secured personal loans and unsecured personal loans. Secured loans A secured loan is  a type of loan in which a borrower pledges an asset such as a car, property, or equity etc., against that loan . The loan amount made available to the borrower is usually based on the value of the collateral. Pros Less stringent eligibility requirements Often has lower interest rates than unsecured loans Secured loans usually have higher borrowing limits than unsecured loans Cons Collateral can be taken if you default on the loan Failure to repay the loan as agree can damage your credit Where to get an unsecured loan Unsecured loans, like the name suggests, is  a loan that is not secured by a collateral such as land, gold, etc . These loans are comparatively riskier to a lender and therefore associated with a high interest rate You can get an unsecured loan from a bank, credit union or online ...

  How to Get a First Time Business Loan one of the first things you’ll want to do is learn exactly what it takes to qualify for a small business loan for the first time—as this understanding will be essential to your preparation process.     1. Check your credit score. The first step to preparing to apply for a first-time business loan is checking your credit score. the better your personal credit score, the more likely you are to qualify for a first-time small business loan, and one with the best rates and terms. So, as you start preparing  to apply for a business loan , you’ll want to take a look at your personal credit report, know what your credit score is, and take any necessary steps to improve your credit. 2. Determine how much funding you need. The next important part of preparing to apply for a first-time business loan is determining exactly how much funding you need—plus, how much funding you can actually afford. there are a var...