A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...

As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

Voluntary repossession allows you to return your car to the lender on your own terms instead of waiting for it to be seized. While it can help you avoid additional fees, involuntary repossession still ...