Why should you apply for a Personal Loan before Interest Rates go up?
The target interest rate ranges were raised to 0.25 percent – 0.5 percent during a meeting of the Federal Reserve Committee on March 16, 2022. The decision was taken in response to rising inflation fears, with the goal of lowering the rate to 2% in the long run. Interest rates across the board are influenced […]
Personal Loan without CIBIL
A Personal Loan is an unsecured loan given to a salaried person with a decent credit score. A credit score is thus an important determinant for any applicant for taking a loan. It defines your creditworthiness and helps us approve your loan application. However, your credit score is necessary for us to evaluate your value […]
How to get a Personal Loan without a Job?
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 a good credit score. The following are the List of Options for Personal Loan without a Job Top 9 Options to get a Personal Loan without a Job 1. Loan […]
Personal Loans for Bad Credit in India
A bad credit score or no credit history are roadblocks when availing of a personal loan on favourable terms. Financial institutions do not advance loans for bad credit as a low credit score indicates a higher risk of default in payments. But thankfully, there are a few lenders who work with such borrowers. They tweak the […]
10 Best Personal Loan Apps in India April 2022
A personal loan is a boon for borrowers as people can use it in an emergency or when they have a shortage of funds. Borrowing money is no longer frowned upon. Young Indians have taken out loans for a variety of purposes, including to study abroad, finance a trip, upgrade their house, buy a car, […]
Factors that affects Personal Loan eligibility for Self Employed
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 the same. These are risky finance options that can prove dangerous in the long run. You can use the personal loan for any purpose like a medical emergency, your child’s […]
Top 12 Tips to get Personal Loan in 2022
Personal loan is an unsecured loan. It does not require an asset to be offered as a security for the lender to provide you the loan. However, to ensure that you do not face a drawback while applying for personal loan, we have come up with a list of tips that you should consider before […]
Credit Card vs. Personal Loan
Usually a loan available on a fixed rate of interest, a personal loan is sanctioned for a given tenure of between 12 and 60 months payable via equal monthly instalments or EMIs that include the principal as well as the interest component. Personal loan for salaried individuals is more easily approved than those for self-employed people. A […]
Personal Loan with Low Salary
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 emergency expenses, personal loans are the easiest way to finance your needs and even the occasional indulgences. This type of loan can be used for anything from a wedding to paying for […]
Short Term vs. Long Term Personal Loans
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 products of the present day. One can opt for any loan amount according to the requirement as well as can pay it off as per the convenience. The loan tenure […]