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3. ENSURE TIMELY AND REGULAR REPAYMENT. It pays to be self- disciplined, particularly when it comes down to payment of dues.

Friday, August 21st, 2020

3. ENSURE TIMELY AND REGULAR REPAYMENT. It pays to be self- disciplined, particularly when it comes down to payment of dues.

You don’t miss the payment whether it is a short-term debt like a credit card bill or a long-term loan for your house, make sure. Lacking an EMI or delaying a repayment are among the list of factors that are key make a difference your credit profile and hinder your odds of using a loan for other requirements later on in life.

Never miss that loan EMI, even though this means lacking other assets when it comes to time. In an urgent situation, prioritise your dues. You must be careful not to miss your charge card re payments since you will not only be slapped by having a non-payment penalty but additionally be charged a hefty interest on the amount that is unpaid. (more…)