Day: January 11, 2019

What is the Pension Loans Scheme?

January 11, 2019

The Pension Loans Scheme allows people who are at the age pension age to apply for a loan from the government to supplement their retirement, effectively functioning as a reverse mortgage. The loan is only available to people who who own property in Australia and are at the age pension age, or the partner of someone […]

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Availing a loan for your marriage? Keep these key points in mind

January 11, 2019

Millennials are keen to have a spectacular wedding for themselves but don’t generally look at its impact on their financials and future goals. We have one such instance of 26-year-old Nikunj Soni, an Ahmedabad resident who took a loan for his wedding in January 2017 from a nationalised bank. He borrowed Rs 2 lakh at […]

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