×
Login
New User
/
Forgot Password
×
Register
By logging in you agree to our
Terms
and
Conditions
and
Privacy Policy
MEMBER LOGIN
New User ?
Forgot Password ?
Toggle navigation
Home
Know Us
About Us
Photo Gallery
Awards
Certificates
Client Testimonials
Information
Product Info
Tax Info
LIC Home Loans
Articles
LIC Related Info
Bonus
Newsletter
Industry News
NAVs
Mutual Fund NAVs
LIC NAVs
Learning Center
Tax Guide
Insurance Guide
FAQs
Glossary
TPA
Online Tools
Calculators
Counsellor
Portfolio
Forms
eGreetings
Policy Details
Online Payment
Policy Capture
Videos
NRI Centre
Insurance Plan
Forms Download
Procedure
FAQs
Contact Us
» Home » Information » Learning Centre » FAQs
back
Share
Tweet
FAQs
Loans - What should I consider before taking a consumer loan through a dealer?
fjrigjwwe9r3SDFAQs:FAQCont
mer loan, here are some steps you should follow:
Research financing options and check if you qualify for a loan before visiting dealers to shop for your choice of washing machine or television. After all, the point of going to a dealer for a consumer loan is to see that you get a larger range of financing options from competing banks.
When shopping, don't discuss financing until after the price of the product is settled to your satisfaction. Avoid discussing prices with dealers in terms of monthly payments.
If you want the best deal, you need to shop quite aggressively by comparing loan options and asking lenders to give you their best rates. See yourself as a customer searching for the best deal among vendors competing against each other for your relationship. That's the truth.
back