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Indian banks scraps ‘teaser’ home loans

The State Bank of India, the country’s largest commercial bank, has been forced to withdraw “teaser” mortgage loans amid fears of repeating the lending follies of the US subprime crisis. Under pressure from the Reserve Bank of India to curb what the regulator considered potentially reckless lending, the SBI said last week that it would […]

Teaser rates gone for good – SBI

State Bank of India (SBI) has finally withdrawn the teaser rate home loan scheme because of rise in repayments for customers and majorly as the Reserve Bank of India stuck to its view that the product was akin to the US subprime loans that sank the global financial system. Their home and car loan schemes […]

Am I Eligible for Making Home Affordable Refinance

The making home affordable program was designed to help homeowners from losing their homes to foreclosure due to inability to afford monthly mortgage loan repayment. Financial crisis can strike any time and it is up to the homeowners to decide which path they want to go even before any sort of tragedy strikes them. Resorting […]

Payday Loans No Faxing – Easy Money No Paperwork

A friend in need is a friend indeed, as the saying goes a Payday Loan no Faxing is your true friend who gives you money easily and does not bother you with cumbersome paper work. Before your payday if you require emergency cash then there are financial institutions who can easily grant you £80 to […]

Four Steps To Get Your Finances On Track

Step 1 – Change The Way You Think If you are having difficulties with organising your money, then it might be time to adjust the way that you approach how you deal with your finances and exactly how you spend it. Step 2 – Prioritise Your Payments A way that you could begin organising your […]