How To Get Low Interest Rate On Personal Loan
written by LabCutive (Labour Executive)
at Tuesday, July 28, 2009
- Check your credit score. Make sure it is perfect. If it's not, chances of getting a low interest rate are very low.
- Deal with banks where you have an account. If you have been with the bank for a long time and have a good record, chances of getting a low interest loan are very high.
- Banks prefer borrowers who have a stable job and secured source of income.
- Maintain good relationship with the bank. Always pay on time so as to make it easy in future dealings.