The FinTech Hub
Source: Live Mint If you hold two or three credit cards then you will invariably have multiple credit card cycles to keep track of. Additionally, there could be a number of other payment deadlines such as a mobile bill, an internet bill and so on. Phew! Too much to remember, isn’t it? Amid tracking all…
Source: Live Mint If you fall short of money, then you can avail the option of raising a personal loan from a bank or non-banking financial company (NBFC). Some borrowers, meanwhile, are also offered pre-approved personal loans. In the case of a pre-approved loan, the borrowers don’t need to apply to a financial institution or…
Source: Live Mint Personal loans are one of the most sought after products in the field of finances, since they fulfil the need for instant money for any purpose. Personal loans can be rather beneficial and convenient at the same time as it has its advantages and on the other side it also has the…
Source: Live Mint Personal loans are the most widely applied financial tool when the individual has an urgent need, such as medical, house improvement, or rescheduling debts. weight is given to interest rates, but processing fees and even hidden costs are significant cost drivers when it comes to a loan. Only if one understood these…
Source: Live Mint Over a period of time, the use of personal loans has extended to cover almost all possible needs of any individual, for example, loans for home renovation, medical expenses, etc. These loans are very useful but still remain flexible and easy to use.. Yet, as much as they may all be termed…
Source: Live Mint If you have a big credit card debt and believe that the bank will simply forego it since the debt is unsecured, then you are being delusional. A credit card company has all the right to take the defaulter to court. While most credit card users feel that the only implication of…
Source: Live Mint Personal loans have become a popular choice amongst people who are looking for quick funds to cover a big event or are planning a luxurious vacation and need some backup cash or are in some emergency and need urgent monetary assistance. Interest rates play a major role in determining your potential EMI…
Source: Live Mint Before applying for a personal loan with any bank, NBFC, or fintech, make sure you check the eligibility criteria. Without fulfilling the eligibility criteria, your application will be rejected resulting in disappointment. The credit score plays an important role in personal loan approval. The other factors include the individual’s age, income, employment,…
Source: Live Mint Are you planning to apply for a personal loan but are confused whether to go for a secured loan or an unsecured loan? Many banks and Non Banking Financial Companies (NBFCs) provide personal loans which may or may not require collateral. However, before you choose one, it is important that you first…
Source: Live Mint A personal loan is an option you can consider if you want quick funds without guaranteeing a collateral. Personal loans offer you minimum documentation and an easy application process so that you can immediately access funds when you need them. However, you must be aware of the fact that personal loans attract…
