In short: A payday loan in India moves through seven stages: you apply in an app, the lender checks you, you receive a Key Fact
Balancing career and finances are a multi-faceted challenge that many working women in India face. The evolving social landscape, the push for financial independence, and
In short: Rarely, and never cheaply. In India, a payday or short-term app loan from an RBI-regulated lender is reported to the credit bureaus, so
Investing in property has long been a tried-and-true method for building wealth and ensuring financial stability. While rural and suburban properties have their appeal, city
Financial planning is crucial for everyone, but for millennials in India, it holds particular importance due to the unique economic landscape and challenges they face.
A top-up loan in India is an additional loan that can be taken on an existing loan, whether it’s a home loan, personal loan, or
In short: You are in a debt trap when you borrow to repay other debt and the total keeps growing. To get out: stop new
In short: A co-applicant is a second person, usually a spouse, parent, sibling or close relative, who applies for the loan with you and shares
Dreaming of a perfect getaway but worried about the expenses? You are not alone. Many people find themselves longing for a vacation but hesitating due
Getting a loan without employment is also possible when you have a good credit history, or you are able to on-board a guarantor or co-applicant with
Unforeseen events almost usually necessitate financial aid. The cause for the unexpected financial requirement might be anything from a medical emergency to debt consolidation. You
Personal loans are one of the most popular credit products amongst working-class professionals in our country. Easy application process, zero collaterals, and quick disbursal are
A good Credit score reflects good repayment history of an individual and it is one of the most important parameters for loan sanction. Few lenders
In short: If you have never had a loan or credit card, you have no CIBIL score yet, which is not the same as a
There is hope for those customers looking for personal loans but could not avail them so far because they have been working with companies which
In small towns, small businesses depend on unauthorised moneylenders for their financing needs. They charge exorbitant interest and there is normally no clear paperwork for
Quick personal loans could be a great way to meet financial emergencies without relying on friends and family. They are unsecured, which means you don’t
Loans can be of different types, but the primary ones we would tackle through this article are around business and personal loans. The two loans
Personal loans for most people have become synonymous with everyday life. Be it buying appliances, going on a holiday, starting a business or even meeting
Just started a new job but needs extra cash for settling down? A personal loan can help you with the extra cash flow that can
Money without any security would mean high interest rates are charged by the banks on these types of loans as this would in future become
A personal loan is an unsecured loan that is offered not only to salaried professionals but also to self- employed individuals. A common requirement when applying for
Personal loan for proprietorship and partnership employee. If you look into the classification, the landscape will be seen even more diverse with private/public limited companies,
Personal loans are well known for being flexible. The flexibility in terms of loan amount and repayment makes it one of the most used credit
Is taking a loan to get rid of credit card bills a good decision? Yes, taking a Personal Loan to pay off your Credit Card
On March 27, the Reserve Bank of India (RBI) said that all lending institutions, including banks and housing finance companies, will have to give its
In short: Beyond your credit score, lenders look at five things: how much debt you already carry, how stable your job is, how much you
In short: There is no single minimum credit score set by the RBI; each lender sets its own, and it changes with the type of
In short: If your loan was rejected because of your CIBIL score, don’t reapply elsewhere straight away; each new application adds a hard enquiry. First