The FinTech Hub
Source: Live Mint A high credit score offers much more than numerical value because it functions as a gate to better financial prospects together with financial independence. Credit scores determine approval rates on loans together with interest rates and prices of property rentals and potential job availability. Acquire financial stability by understanding the fundamental procedures…
Source: Live Mint Do you have a number of financial obligations aka personal loans and planning to redeem them by raising a fresh one? This is not a bad idea, nor is this unprecedented but whether you should opt for it or not – let us dig deeper and find an answer. These are some of…
Source: Live Mint Are you planning to raise a personal loan and before you opt for it, you realise that you already have a pre-approved loan offer. Now you are in a dilemma as to whether you should grab it or let it go. Typically, a pre-approved loan offer charges a higher rate of interest since it…
Source: Live Mint As a home loan in India requires a good credit score, which takes into account the loan amount and allows it to sanction as well as fix the interest rate along with other associated terms. Here are key ways to improve your credit score before availing the loan: Pay on time Payment…
Source: Live Mint With the popularity of used cars in India, a lot of opportunities are waiting to be financed. A pre-owned car loan is simply to provide financial support and fund individuals purchasing second hand vehicles. Below is the complete overview of what pre-owned car loans are and how to apply for them. What…
Source: Live Mint Your financial security in the credit-driven society of present times depends highly on your credit score. The three-digit number demonstrates your creditworthiness to lenders and controls your access to both low interest rates and loan approvals. The leading credit bureau Experian develops credit reports along with scores using information they receive from…
Source: Live Mint Can you get tax benefits for personal loans? While personal loans, unlike home loans, do not outright qualify for tax benefits, if you use it for home construction, purchase or renovation, you can claim deductions on the interest paid. Similarly, you can get tax benefits on the interest paid on personal loans…
Source: Live Mint Are you in urgent need of funds but the quantum is not large enough to go for a big-ticket loan? A small personal loan offered by banks and NBFCs (Non-banking finance companies) to cover small but unforeseen expenses can be quite helpful in such circumstances. You can borrow as low as ₹50000…
Source: Live Mint A credit score is an important metric of your financial liquidity. This is a three-digit number that gives an indication of your creditworthiness. Lower the credit score, poorer the creditworthiness and conversely, higher this number – higher the creditworthiness. Before banks offer loans to someone, they tend to judge a person’s creditworthiness via…
Source: Live Mint If you have raised a personal loan and are still struggling to decide the tenure in which you need to repay the loan, then you should use a personal loan EMI calculator. So, what is a personal loan EMI calculator? It is an online tool that helps you find out the actual…
