Based on astrological beliefs, Tuesday is considered the worst day to take a loan, as it is ruled by Mars and believed to make debt difficult to repay. Additionally,, Fridays are often discouraged for major financial decisions due to rushed decisions, while Wednesdays and Fridays see high market volatility.
Firstly, never take a loan on Tuesday and Saturday. Rather it is auspicious to give away the money that you need to lend off on Tuesdays. Similarly, never lend your money on Wednesdays and Fridays and rather it is very good to lend your money on Mondays.
You Can't Afford the Payments
Falling behind in your monthly obligations can be stressful. It can also negatively impact your credit. If you're already struggling to afford your existing monthly payments, now is not the time to take on additional debt.
Salary Increase or Change of Job Period
If you have just switched jobs and are getting more, that is a perfect time for you to get a loan at a low interest rate. During this period, banks and NBFCs may also provide pre-approved offers.
Because Tuesday is ruled by Mars, as per astrology, it is a very inauspicious day to borrow money. This is because it is believed that the repayment of loans or debts taken on a Tuesday take ages to repay the same. It is best to avoid wearing new clothes on this day as well.
Avoid Transferring Money on Friday Afternoons, Weekends or Holidays. “Don't make transfers late on Fridays, weekends or holidays when banks are closed.
Monday, Thursday, and Friday are good for borrowing, while Tuesday is best for loan repayment. Interestingly, astrology suggests that the day of the week can influence the outcome of loan transactions.
Yes, you can likely get a $50,000 loan with a 700 credit score, as this falls into the "good" credit range (670-739) that unlocks better rates, but approval also hinges on your income, debt-to-income (DTI) ratio (ideally below 36%), and overall credit history, with lenders looking for stability and repayment ability, so prequalifying with multiple lenders helps compare terms.
Monday (Somwar): Ruled by the Moon, Monday is considered a gentle and nurturing day. It is often seen as a good day for starting new ventures, including financial ones. Taking a loan on a Monday is believed to ensure that the process is smooth and that the debt is not a source of great stress.
One should not take loans for meeting avoidable and unnecessary expenses. Borrowing money comes with huge financial responsibilities and potential risks. Banks offer loans for various purpose – such as to buy car (car loan), to buy house (house loan).
"I forgot to pay that bill again."
If you mention that a few bills slip your mind here and there, it may create some concern. Even if you don't say anything, those bills will show up on your credit report. This is a fast-track to getting your loan denied.
The right time to borrow is when you have a clear plan, strong cash flow, and a growth opportunity that aligns with your long-term goals.
Verdict: Wednesday is neutral to moderately auspicious for giving money, especially when done with wisdom and clarity.
A minimum credit score of 620 is required to purchase a $300,000 house with a conventional loan. Federal Housing Administration (FHA) loans require a 3.5% down payment for a credit score of 580 or above.
A $20,000 loan over 5 years (60 months) costs roughly $2,600 to over $7,000 in interest, with monthly payments varying significantly by Annual Percentage Rate (APR), such as around $377 at 5% APR or $445 at 12% APR, meaning total repayment could range from approximately $22,600 to over $26,700.
From loan application to disbursements, the entire procedure can be done online. Only basic details like PAN number, Aadhar Number and Address Proof are required to avail our personal loan. Just provide a few basic details and verify the same to get the loan amount credited to your bank account without any hassle.
It may be easier to secure a loan for a new car than it is for a used car, and new car loans often come with lower interest rates. Used cars can be a good fit if you're on a budget and they generally cost less to insure; however, interest rates for used car loans are often higher than for new car loans.
You can pay off a personal loan early. But before you do, make sure you ask about prepayment penalties and think through alternatives like building up savings or paying off high-interest credit cards. You can pay off a personal loan early, but it may not be your best option.
While Dhanteras is the most recognised gold-buying day, the day of Diwali itself-especially after Lakshmi Pujan-is also deeply auspicious for new purchases. Buying gold jewellery on Diwali symbolises inviting light, purity, wealth, and positive energy into one's life.
Planetary influences on the 2nd house of wealth and 11th house of earnings also need to be considered. Mars is the main planet associated with debt, and its connection with Rahu can worsen the situation. Remedies like gemstones and yantras according to one's horoscope can help get rid of debt over time.
Qualities: Jupiter, the planet of abundance and luck, rules Thursday. This is the planet of goodness and generosity; thus, acts of service and donating your time are considered auspicious on Thursdays. Like the Moon, Jupiter is a social planet, and Thursdays are best spent in the company of loved ones.