Things to Consider Before Taking a Gold Loan (Business Opportunities - Money Making)
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Item ID 3148466 in Category: Business Opportunities - Money Making
Things to Consider Before Taking a Gold Loan | |
Before availing a Gold Loan, there are a few things you should keep in mind. First, compare interest rates and processing fees across lenders. Ensure that the gold is stored securely and check the lender’s credibility. Understand the repayment terms—some offer EMI options while others may require bullet repayment. Also, clarify the loan-to-value (LTV) ratio to know how much you can borrow against your gold. Lastly, timely repayment is essential to avoid loss of your asset. A well-planned gold loan can offer great benefits without affecting your credit score. | |
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2025-05-01 (0.481 sec)