Overview: A promissory note is a legal document outlining repayment terms between a borrower and lender. In India, it ensures clarity, prevents disputes, and provides …

Overview: Loan waivers and write-offs both reduce outstanding debts but differ in purpose, beneficiary, and financial impact. While waivers are policy-driven and benefit borrowers directly, …

Overview: Loan assignment transfers a lender’s rights to another party, ensuring liquidity, risk management, and portfolio optimisation. It maintains borrower obligations unchanged while enabling lenders …

Overview: Debt-to-Income (DTI) ratio is a key measure lenders use to assess your repayment ability. Understanding it helps you manage borrowing smartly, improve loan eligibility, …