| Is loan against Gold a good option? |
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| Written by Site Administrator |
| Wednesday, 28 October 2009 10:50 |
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If you have some fixed assets of your own such as Gold, insurance policies, property documents, etc, than Loan against such property is the best option for you. The rate of interest is much lower with flexible payment options. This type of loan is ideal for short term loans. However, you must be careful to pay the complete amount by the end of the loan term. Failing to pay amount in spite of reminders from the bank at the end of your loan tenure may result in the bank auctioning your property in open market to recover costs. Comments (0) |