May 25, 2025

Borrowers

Personal loans: Borrowers must know THESE RBI’s guidelines to get a fair deal from the bank | Mint

Personal loans: Borrowers must know THESE RBI’s guidelines to get a fair deal from the bank | Mint

TheSpuzz Desk04 mins

Source: Live Mint If you are a personal loan applicant, you are supposed to be aware of the latest guidelines which are in force. Early this year, Reserve Bank of India (RBI) released a circular with regards to equated periodic instalment based personal loans.  RBI’s guidelines on ‘reset of floating interest rate on EMI based personal…

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How credit scores can make or break your chances of securing a loan

How credit scores can make or break your chances of securing a loan

TheSpuzz Desk07 mins

Source: Live Mint A higher credit score not only improves the chances of loan approval but also determines the interest rate and repayment terms offered by the lender. Lenders such as banks and NBFCs share repayment information with credit information companies, which calculate the score. This score significantly influences loan accessibility and affordability. It is,…

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