Reckless or Responsible: What Type of Borrower Are You?

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Date: Thu, 15 Nov 2018 04:19:52 +0000

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** Are You a Responsible Borrower? (https://www.souqalmal.com/financial-education/ae-en/are-you-a-responsible-borrower/)
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There's a wide variety of borrowers who borrow for an even wider variety of reasons. But there's a common set of qualities that separate responsible borrowers from reckless ones. Do you fit the bill?
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** Tip Of The Week
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Getting ready to apply for a personal loan? Make sure you do a bit of homework first - Calculate your debt-to-income ratio and check your credit report to see where you stand with your current debt commitments. If you can, always opt for a salary-transfer loan as interest rates are significantly lower on these. You could also consider having an immediate family member as co-applicant to increase your loan eligibility.
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Received on Thu Nov 15 2018 - 05:20:00 CET