Things To Consider Before Lending

If you are reading this post, I assume you have an amount of money in store and you are considering lending it out as a form of instalment loans or perhaps any other kind. The thing is lending is quite a lucrative business based on the fact that for every penny you lend, you will be expecting a return on each of the penny in form of interest. It should be noted that whatever cash you will be lending to people must be your extra amount plus the fact that you won’t be needing it urgently. Lending is quite risky due to the fact that many borrow and fails to pay back as at when due. Nevertheless, the risk is worth it and there is absolutely no way you will be losing your money unless you are not smart with it. This article tries to posit a few things to consider before lending money:

Consider Before Lending

Know your borrower

            It is very important to know the financial and mental status of your borrower based on the fact that if he’s financially unstable, you risk losing your money and if he’s mentally unstable, you are definitely going to lose your money. As such it is very important to ask necessary questions such as income weekly, monthly and per annum, Also in the course of the discussion, it is very important to pay attention to your potential borrower’s response to answers in order to be able to evaluate his mental status. Alternatively, you could request for last mental evaluation amidst the documents you’ll be requesting (although, many see this offensive).  In addition, be sure that your borrower is capable enough to payback with interest of whatever amount he/she will be borrowing from you.

Consider your interest rate

Interest rate is the amount paid together with the initially loaned amount. In most cases, it is a notable percentage of the initial amount borrowed from you as a lender. When considering lending, it is very important to have a certain percentage of posited for your borrowers and clearly state the percentage clearly in the agreement form. Most times, interest rates are sometimes between 10% to 20% of the amount borrowed. Bottom line is that carefully consider the amount requested and fix the interest rate at an amount you feel is credible enough for such lent money. Most times, instalment loans attract high-interest rates (it all depends on you).

Mode of payment

            It is quite pertinent to posit in the contract agreement, the means via which payment will be made, probably via open check, bank transfer, deposit or perhaps via the debt collector agency. It is very important that this criterion is clearly spelled in order to avoid cumbersome situations when payment time is up. Under several circumstance, when mode of payment isn’t clearly stated the possible outcome is that; you as a lender wouldn’t the mode of payment to anticipate plus the fact that there will be no written evidence stating a particular mode of payment and you are bound to lose a particular court proceeding peradventure a court issue ensues between you and your borrower.

Period of payment

It is a given that loan refund is at intervals, whether weekly, bi-weekly, monthly or yearly is all based on the lender’s discretion. Beyond reasonable doubt, every lender must have a particular focus as to when in particular a proportion or perhaps the whole payment with interest would be made. Many lenders make the mistake of not clearly spelling when the whole payment will be made as such when the borrow didn’t come to terms with the payment agreement term due to oblivion, problems will begin to ensue. As such as a lender, it is very important you strategically consider the period you need your payment made.

Personal interest

            Although unforeseen circumstance may arise which will, therefore, warrant that you make use of your cash, well, irrespective of unforeseen circumstances which you’ll definitely tackle later, deal with the present. Before lending out cash, be very sure you won’t be needing the cash to carry out personal or business task. It is very important to carefully look through your plans and be sure you won’t be needing the money anytime soon, Once this criterion has been fulfilled and you found out there is no other thing left, go ahead and lend out your money.

Best IVF Center in India

There are several cities in India where IVF centers are confidently situated to make childless parents in India and across the world wear a smile as wide as the sky. Although these centers are not without their intricacies, they still serve the IVF purpose. Hence, all of the following are worthy of honorable mentions when it has to do with the best IVF centers in India.

Fertility Center

WellSpring IVF Women’s Hospital

If you are in Ahmedabad, then I would say you are lucky. There are countless couples who have been helped by WellSpring IVF Women’s Hospital. Not only from India, but also they have helped people from all over the world and that’s the most amazing part. Infertility is not something which can not be cured. With cost effective method and with proper and professional people, WellSpring IVF Women’s Hospital is considered to be the Best IVF Center in India right now. With numerous positive reports online and as well as through posts in social media about them, it made them one of the leading IVF centers in India.

 

Infertility India

Another fertility clinic in the heart of India; Mumbai. This fertility clinic is mostly recognized for its successes. Hence, a lot of people from far and near see the center as worthy of patronage. It also has chains in other cities like Nerul, Navi Mumbai, New Dehli across India.  But the report is not so good about them.

 

Bloom IVF clinic

One of the oldest in India and one of the oldest on the chart of the best IVF clinic in India. The main center is in Mumbai, and it has other centers just like the others which can be found in cities like; Bandra. The one at Bandra is called the hospital at Bandra.

 

BLK hospital

An IVF hospital like this is bound to be cherished most by the millennials. The reason is that the best reproductive technologies have been adopted by the doctors here to ensure that parents, mothers who need to have children encounter ease both in the process and at the end. The hospital remains one of the finest in India, and it is located in one of the finish places in India; Dehli.

 

The Apollo hospital center for assisted reproduction

This has been a perfect place of the answer for people looking for children. Not only has it been a center for children reproduction, but it has also managed overtime to be a center of plethora centers. Some of the centers that were birthed are; Bangalore, Delhi, Mumbai, Chennai, and others.

 

Pulse women hospital

There are indeed great centers for IVF in India; the pulse women hospital is one of the unique ones that has recorded a very high success recorded in years. It is one of the most regarded among the Indians and along with specialists even.

 

Virk center for human production

The peculiar thing about the Virk center is that it is equipped to render a variety of services converging infertility. Some of these contents are; IVF, surgical sperm retrievement, male product evaluation, ICU and IVF among others. It is perfect to go to a center for both parties when they are not sure about who needs treatment. This is because it is an all-inclusive IVF center or fertility center that talks about and helps both partners to see how they how you are doing.

 

Hiranandani hospital

This is one of the significant IVF hospitals. It is clear that it is because it has made it to the top of the best IVF hospital. It has a team that is made up of renowned and veteran specialists owe work can be trusted and vouched for. It is a center located in Mumbai that has worked tirelessly for years to see that all infertility issues cease to happen and success in childbearing gets more popular.

 

Shivani fertility and mother care

In 2004, the center was established in Jaipur. It has been a fantastic experience with women and parents alike ever since its impression.  The specialists in this center have also learned to use new technology and new techniques. Better art.