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JustStarted · 19th December 2008, 19:31

actually i have cash to buy new car.

but a friend is suggesting me to take loan, he thinks its not a good idea to take car all in cash because of IT dept. my CA also suggested same.

now when i compare actual amount i pay vs amount i earn on FD. i am in profit.

so its more profitable to take loan. i still can't believe and think there is some glitch somewhere.

really in FD i earn more than i pay in my load ? even at 14.5%?

no PSU bank ready to give me loan

i am freelancer with no business profile.

19th December 2008, 19:31	#4 (permalink)
JustStarted Newbie Join Date: Aug 2008 Location: jaipur Posts: 23	actually i have cash to buy new car. but a friend is suggesting me to take loan, he thinks its not a good idea to take car all in cash because of IT dept. my CA also suggested same. now when i compare actual amount i pay vs amount i earn on FD. i am in profit. so its more profitable to take loan. i still can't believe and think there is some glitch somewhere. really in FD i earn more than i pay in my load ? even at 14.5%? no PSU bank ready to give me loan i am freelancer with no business profile.