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Home»
Certified Financial Guardian Ecourse Quiz

How To Ensure That Your Loans Do Not Become A Burden

Congratulation

10 Things To Consider While Taking A Personal Loan

Congratulations for taking the quiz.

Question 1 of 5

1 Personal loans should be availed only when…

You’re hard-pressed or there’s a genuine emergency

You want to indulge in luxuries such as buying an expensive car

You want to trade in the stock market

All of the above

Score so far: 1 out of 5

Next

Question 1 of 5

2 Is the repayment track record of your previous loans considered while calculating eligibility for personal loans?

Repayment history is not taken into consideration at all

Repayment history of previous personal loan only is taken into consideration

Repayment history of all your previous loans is taken into consideration

Repayment history of only the delayed loans is taken into consideration

Score so far: 2 out of 5

Next

Question 1 of 5

3 A personal loan is a secured loan.

True

False

Score so far: 3 out of 5

Next

Question 1 of 5

4 Which of the following aspect you’ll consider before availing a personal loan.

Interest Rate

Repayment Flexibility

Processing Fee

All of the above

Score so far: 4 out of 5

Next

Question 1 of 5

5 A personal loan is a _________.

Short term loan

Mid-term loan

Long term loan

It depends upon the individual and the lending institution

Score so far: 5 out of 5

Next

Money Simplified E-Classes

Module I : How To Make Your Budget & Design Your Cash Flows
Module II : How To Plan Your Key Life Goals
- 5 Ways to Ensure That Your Financial Goals Are S.M.A.R.T.
- 6 Factors to Determine the Corpus You Need For Your Financial Goals
Module III : The Right Approach To Insurance Planning
Module IV : Prudent Ways To Plan Your Investments
Module V : Tested Ways To Retire Rich
Module VI : All You Need To Know About Estate Planning
- Why Estate Planning Is Imperative For You
- 10 Vital Points To Note While Writing A Will
Module VII : How To Ensure That Your Loans Do Not Become A Burden
Module VIII : Key Learnings From Investment Gurus
- Quotes and Thumb Rules on Financial Planning

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