When unexpected expenses arise, many people face a common dilemma. Should you use your savings or take out a short term loan to manage the cost? There is no one size fits all answer, as the right choice depends on your financial stability, income flow, and future commitments. Understanding how both options work can help […]
Short Term Borrowing vs Using Savings: Which Is Smarter Read More »
When you apply for a loan, one of the most important figures you will see is your monthly repayment. This number determines how manageable the loan will be in your everyday life. Understanding how lenders calculate this amount can help you make smarter borrowing decisions and avoid financial strain later on. What Monthly Repayments Actually
How Lenders Decide Your Monthly Repayment Amount Read More »
When you apply for a loan, it can feel like the lender is asking a lot of personal questions. Income, rent, bills, existing debts, and even everyday spending habits often come into play. While this may feel intrusive at first, these questions are part of what’s known as an affordability check. Understanding why affordability checks
Understanding Loan Affordability Checks and Why They Matter Read More »