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Nowadays, borrowing has become an inseparable part of every individual’s life. Sometimes it’s very common when your life milestones are apart because of insufficient funds. Whenever you decide to take a crucial step in your life, funds become the most important requirement of the time. Most of the time, we fall in shortage of cash and to overcome the crisis, we need to borrow. A debt in life has become the new normal for today’s generation. There are number of ways to borrow funds during needs. Among all the sources present in market for borrowing " Loan against Property " is one of the best options as it has much lower interest rate than that of other unsecured loans. To avail this loan, ensure you have a legal property registered in your name but that’s not only the criteria as there are some other eligibility criteria which need to be fulfilled. Here, we will learn about some measures which may affect your eligibility. CIBIL Score: The credit score is the key factor to e...

Nowadays loans have become an important financial credit on which more than half of the population depends. Availing a loan can help you to get various things such as updated gadget or any electrical appliance, willingness to avail some luxuries like financing the most awaited trip or fulfilling some urgent financial requirement. The easy availability and minimum documentation make loans more affordable to the common people; therefore, they often go for loans as per their requirements. Debt traps are an intense issue these days and mostly delayed to understand it completely. Usually, most of the borrowers are unaware to realize that they are getting further into this trap. Hence, to stay financially fit, one most know about the signs that you are getting into a debt trap. A debt trap can be more dangerous if goes unnoticed and a person goes for a new personal loan or LAP to repay the existing loan. Here we have listed few signs which indicate a debt trap around you. Availing loan for r...