Finance Queries Answered: Education, Loans, and Credit

People asked questions about money.

Someone asked about loans for studying in the UK.

If you're studying abroad, you can get a loan in either Indian rupees or foreign money and still get a tax break.

Another person wondered if they should pay off their home loan with money from their savings.

It might make sense if their savings earn less interest than their home loan.

If you get a loan for home improvements, the bank will probably want to see how you spent the money.

If you have a credit card bill you can't pay all at once, the credit card company can set up a payment plan.

If you want to pay off a personal loan early, but there's a penalty, see if the penalty is less than the interest you'd save.