The FinTech Hub
Source: Live Mint Credit score might be one of the most critical figures in any adult’s life. It reflects your borrowing and repayment habits, as documented in your credit history. Among the factors influencing your credit score are hard inquiries, often misunderstood but can significantly affect your financial standing. Let’s delve into what hard inquiries…
Source: Live Mint Weddings are a big affair in India. It includes extravagant celebrations, multiple events, grand locations etc. While weddings across India may differ in terms of rituals, traditions, and culture, one thing remains the same for most weddings across the country: huge expenses. People mostly spend their entire life savings on their big…
Source: Live Mint Your credit score is extremely crucial when it comes to determining your eligibility for borrowing funds. Lenders pay high attention to your credit score as it helps them understand your financial situation and also evaluate your creditworthiness. Your credit score gives a general overview of your credit history as well as your…
Source: Live Mint Three years after India unveiled the account aggregator, or AA, framework to facilitate consented sharing of consumers’ financial information, multiple gaps still plague the system that was rolled out as an overarching network connecting various regulators and market players. The account aggregator framework is meant to give individuals greater visibility and control…
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 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 In today’s financial world, credit score is one of several important measures which describes a person’s financial situation. It is a three-digit numerical figure which will indicate just how credit-worthy you are, or just how good or bad you would be in managing debts and repayments. This score is normally between 300…
Source: Live Mint Personal loan loans are flexible financial options that can be availed in pursuit of different goals of life such as paying an emergency medical bill, funding home improvements or realising that special dream vacation. Before getting into the world of personal loans, however, one needs to get a gist of the basics….
Source: Live Mint With the advent of digitisation, getting a personal loan is at your fingertips. Many banks, NBFCs, and fintechs have made the personal loan process from application to disbursement completely online. The pre-approved offers have further simplified getting a personal loan in less time. However, before availing that pre-approved personal loan offer or…
