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Showing posts from February, 2018

How To Get a Loan on Personal Property

Your mind may be too much when sending your children for education in abroad or financially or financially to your business as a business. The first thing that many of us come to mind is, 'Where will I get money from?' There are many ways you can arrange for money, and one of those ways is taking a loan. You can either take a  personal loan  or make a  loan on your property  for the required amount. What is a loan against property? The debt against the property (LAP) indicates the name correctly - distributed against a loan or property mortgaged. A certain percentage of the market value of the property is usually given from 40 to 60 percent. Borrowing against an asset is a safe lending to the borrower's guarantee by using his property as security. For which purpose do I take a loan against property? The loan against property can be taken for the following purposes: Expanding your business Marrying your son/daughter Send your son/daughter for higher educa