How to get Insurance done for your maids and help through Govt Schemes for Low Income in India
The following are the ways to get insurance done for your maids and help through govt schemes for low income in India: 1. Pradhan Mantri Jan Arogya Yojana (PMJAY) PMJAY is a government-funded health insurance scheme that provides financial assistance for medical treatments for low-income families. The scheme provides coverage for hospitalization expenses and pre-existing […]
What to do if you have Past Written Off in CIBIL
A past write-off on your CIBIL report can have a significant impact on your credit score and make it difficult to get approved for a loan or credit card. However, there are steps you can take to improve your score and increase your chances of getting approved. Please read the related blogs below:
What to do if you have Low CIBIL in India
Having a low CIBIL score in India can make it difficult to get approved for a loan or credit card. However, there are steps you can take to improve your score and increase your chances of getting approved. 1. Check for Errors Review your CIBIL report for any errors and dispute any inaccuracies with the […]
Chinese Loan App Scam in India. What were the issues and how it hurt the Borrowers?
In recent years, there has been a rise in the number of Chinese loan apps in India that offer quick and easy loans to borrowers. However, many of these apps have been found to be scams, leaving borrowers with financial difficulties and hurt credit. The Chinese loan apps typically require borrowers to provide personal information, […]
Why to take Loans from only Mobile Apps that are RBI registered NBFCs and not any Mobile App on the Playstore
It is important to take loans only from mobile apps that are registered with the Reserve Bank of India (RBI) as Non-Banking Financial Companies (NBFCs) for several reasons: 1. Legal and Regulatory Compliance Only mobile apps that are registered with the RBI as NBFCs are legally compliant and operate within the regulations set by the […]
Why FundsTiger is a great choice for Loans
The following are the reasons why FundsTiger is a great choice for loans: 1. Wide range of Loan Options FundsTiger offers a wide range of loan options including personal loans, business loans, home loans, and more, making it easy for you to find the right loan for your needs. 2. Competitive Interest Rates FundsTiger offers […]
Why take Loans only from RBI registered NBFCs and Banks
The following are the reasons to take loans only from RBI registered NBFCs and Banks: 1. Regulation and Oversight Loans from RBI registered NBFCs and banks are regulated and overseen by the Reserve Bank of India (RBI). This means that they are subject to strict guidelines and regulations that help protect consumers from predatory lending […]
How one of our customers did his credit score repair successfully – read his story.
Sunil had always been a responsible borrower, but a string of unexpected expenses had put him in a difficult financial situation. His credit score had taken a hit, and he was struggling to get approved for loans and credit cards. Determined to turn things around, Sunil began researching ways to improve his credit. He read […]
Loan Restructuring Process
What Is Loan Restructuring? Although loans typically have a certain payback period, owing to events like the current pandemic, borrowers may find it challenging to repay their loan together with the interest rate. Instead of permitting borrowers to fall behind on their payments in such cases, financial institutions can implement measures that make repayments simpler with […]
Impact of GST on Personal Loans
Taxes are levied on all products and services purchased and sold in India. All loans, including personal loans, follow the same rules. This is so because banks and other lending organizations provide loans to borrowers as a service. The Goods and Services Tax (GST) is the country’s greatest tax reform. It was created with the […]