7 reasons to check your Credit Report
A lender generally uses a loan or credit card applicant’s credit score to evaluate the person’s eligibility to avail of these facilities. The lender also factors in the person’s credit score while fixing interest rate for loan repayment. Therefore, it is essential for borrowers to maintain good credit scores. To do so, one can fetch one’s credit […]
Guide to Compare the Best Small Business Loan in India
Business Loan interest rate starts from 14.99% onwards per annum. However, other factors to influence the final commercial business loan interest rates decided by the lender that includes applicant’s profile and creditworthiness, business plan, credit score, required loan amount, repayment tenure, business vintage and profit, with various other financial aspects. Business loans are designed to help small […]
Personal Loan for Freshers
Quick check: Check who you are really borrowing from: our directory of RBI-registered lenders lists each NBFC’s registration, loan apps and complaint contacts. Also see APR vs interest rate: what loan apps really cost. For example, see our pages on DSP Finance and Capfloat Financial Services Private Limited.. Why take a Personal Loan when you […]
Can I get a Loan with a Credit Score of 600?
Personal loans are one of the easiest loans to acquire. They are unsecured loans, which mean one does not need to offer collateral. They can be used for a multitude of purposes. There is minimal documentation involved and a relatively shorter processing time as well. However, one of the most important considerations when applying for […]
NBFCs Vs. Banks for Business Loans
Recently, NBFCs have taken a lead in providing business loans. Despite economic up-downs, they have remained the preferred choices for retail lending. And still, due to less stringent terms and procedures these non-bank financial institutions continue to hold a major share in business loan financing. NBFCs don’t accept demand deposits but they can simply lend […]