The Loan Wolf: An Introduction

This article has been contributed by Riddhi Kharkia, with inputs from the entire team.

So, we were thinking really hard to find a topic that would be fun to write and at the same time, be appealing to our readers. To be precise, we were breaking our heads over this thought with a small glass of hot “cutting chai” and delectable “maska pav”. As if it was, my attention swayed to a young guy, who was requesting the eatery manager to spare the payment for time being, and promising to clear all the dues by month end.

EUREKA! There it was.

I got a simple and interesting topic for my next series of articles: “Credit/loans”. To think of it, the arrangement between the manager and that young guy (No, it was not someone from the Fintuned team :P) is nothing but a credit scheme, which in popular parlance is known as “Loans”. Here is a noteworthy article that discusses the history of loans, in case you are at all interested!

Loan bomb

Investing in future is expensive. Be it a home or a car, you have to go an extra mile to get that big-ticket item. And this is where loans come into the picture. If you have never borrowed, you might not know how to get a loan. Though it may seem easy, but certain factors should definitely be kept in mind before opting for loan.

So, let’s get started about the loan process from start to end. (But, we have kept it short and sweet) Continue reading “The Loan Wolf: An Introduction”