Reverse mortgage is like a loan, the difference being that you get paid for handing over the rights of your house to a buyer after a pre-defined time period.
The APR is generally the annual cost of a loan to a borrower, including fees.
The answer lies in understanding what your ‘disposable surplus’ is.
CIBIL calculates an individual’s credit score through advanced analytics and assigns a number between 300 and 900.
With their flexibility in repayment and interest rates, gold loans work best when you are looking for emergency funding.