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Find more knowledge about loans in Dubai GOLDEN RULES OF BORROWING MONEY

Golden Rules of Borrowing Money

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Page 1: Golden Rules of Borrowing Money

Find more knowledge about loans in Dubai

GOLDEN RULES OF BORROWING MONEY

Page 2: Golden Rules of Borrowing Money

Very Few people can suffice their savings to pay for everything they need with money.

But most people can afford purchases only when they include borrowing loan as part of a sound financial plan.

Loans are an effective bridge between your income & savings on the one hand and expenses on the other.

WHY TO BORROW LOAN

Page 3: Golden Rules of Borrowing Money

GOLDEN RULES OF BORROWING MONEY

Clear Purpose - Why would you need to borrow loan? Prioritize needs & decide to borrow

towards most important needs. Is the product or service necessary to

borrow for?

Which type of loan to choose? Be clear on the purpose of borrowing

e.g. a home loan is best suited for financing a home purchase.

Be aware of the cost associated with the loan - Interest rates, Fees & other

charges. Always check whether you are

getting the best deal, including the lowest rate and the lowest fees and terms of payment.

Page 4: Golden Rules of Borrowing Money

Be responsible –Make payments on time: in order to maintain a

clean track record with the bank.

GOLDEN RULES OF BORROWING MONEY

Page 5: Golden Rules of Borrowing Money

Personal Loans in Dubai – Cash that can be used for any purpose.

Car loans –Means of financing the purchase of a car or

vehicle.Credit Cards –

These cards are universally accepted around the world by shops and other establishments as an alternative to cash payment.

Home Loans, Business Loans &Overdraft Facility .

Loan Options Available in Dubai

Page 6: Golden Rules of Borrowing Money

Get the basics and some of our best tricks to master this concept

@ Financial Advisor Dubai

THANK YOU