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Banks to offer better interest rates on loans to customers with high credit score

Maintaining a good credit score is crucial for obtaining bank loans and those failing to maintain optimum score are likely to be turned down. It will now become even more crucial for individuals to maintain good credit score. Some banks, which have already linked Reserve Bank of India’s...

October 11, 2019 Loknath Das Banking No Comment

Rates going up on federal student loans beginning July 1

On average, undergraduates took out $4,060 in unsubsidized federal Stafford loans in 2015-16, according to Mark Kantrowitz, publisher and vice president of strategy for Cappex.com. The average annual amount was $3,727 for undergraduate subsidized federal Stafford loans. The July 1 rate hike does not apply to private student loans Typically, federal...