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Showing posts from April, 2018

credit card uae

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Are you looking for Credit card in UAE. In the UAE, people get a wide range of credit card choices from banks. While a huge number of choices provide better options, it also creates confusions in the minds of seekers. And that confusion makes it difficult to commit to one credit card. To help you out, Compare4Benefit offers a well-defined list of credit card products along with filterable choices. We help you find credit cards that justify your financial needs and provide features that you are looking for. This way, you get to find some of the best deals when getting a credit card. How to choose the best credit card at Compare4Benefits Here is how you can find the best-suited credit card for yourself. 1. Select a card type you are looking for First of all, you should select a card type that you have in mind. Our search filter section will help you select prepaid, travel or credit card options. Selecting a type makes the process simpler and quicker when you have a clea

Things to know before applying for a car loan

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H ow often have you thought of buying a car but put those thoughts away. Few things you need to keep in mind before applying for a car Finance in UAE ? While there are some criteria of banks and financial institutions that will help you to get loans easily If you too have applied for a vehicle loan or are planning to apply for one, then here are a few things you must know: 1. Shop online Shopping for auto loan online is a great time saver. You can get almost all information at a click of a mouse and pick the best deal by  comparing  car loans in dubai on compare 4 benefit among the different banks in uae. 2. Know thyself! You must know the basic criteria for applying for a loan. You must be above 18 years of age. Best is if you earn at least AED 3,000 per month and have your three-month bank statement ready for your lender's perusal. This will help your lender understand your spending and saving habits better and may help you in getting loan at a cheaper rate of i

Things you should know about Personal Loans

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1. How personal loans work Personal loans in dubai are a type of installment loan. That means you take a fixed amount of money & pay it back with interest in monthly instalments over the life of the loan — which typically ranges from 12 to 60 months. Once you’ve paid your loan in full, your account is closed. If you need more money, you have to apply for a new loan. 2. Types of personal loans There are two types of personal loans —. ·         Unsecured loans  aren’t backed by collateral. The lender decides whether you qualify based on your financial history. If you don’t qualify for an unsecured loan or want a lower interest rate, some lenders also offer secured options. ·         Secured loans  are backed by collateral, such as a savings account or FD. If you’re unable to make your payments, your lender typically has the right to claim your asset as payment for the loan. 3. Your credit score matters more for personal loans With no collateral, all the lender ha

FEATURES TO LOOK FOR IN A HOME LOAN

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At a time of  historical low interest rates , low fixed rates sound tempting. But they can come with the downside of reduced flexibility. High break costs apply on the off chance that you need to repay the loan early or migrate, and while some fixed loan allow some extra repayments, there are normally restrictions and some loan don't allow extra repayments at all, which can cost you in resulting in high amount of interest over time. Don't try to beat the bank – it's very hard to predict if you'll save with a fixed rate over the next three or five years. Instead, ask yourself if you can afford higher rates. If not, fixing at least  part of the loan  could be a good option for you. A split loan offers the best of the two worlds, enabling you to make extra reimbursements in the variable part of the loan and as yet giving you the security of a fixed rate. 1. Flexible repayments Do you want to be able to manage how frequently you make repayments? The capacity t

Things to consider before choosing a credit card

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1. Spending habits Indeed, even before you pick a card, the main inquiry to be addressed is the way you plan to utilize it. Are you the kind of person who will pay off the card every month without fail, or do you anticipate carrying a balance from month to month? Are you going to use it to pay for everything, or just for emergencies? If you're going to  pay the bill in full  every month, then the interest rate doesn't really matter to you. Search for a card with no yearly expense and a more drawn out effortlessness period so you don't get hit with a back charge. If you're going to  carry a balance , you want the lowest possible interest rate and a low introductory rate. If this will be your go-to-card for the greater part of what you purchase, search for a card with a liberal credit constrain and a strong prizes program. If it's only going to be used for  emergencies , go for a no-frills card with a low interest rate and low fees. 2. The interest rate