The FinTech Hub
Source: Live Mint If you face a temporary cash crunch and are in an urgent need of funds, you can use the gold sitting in your locker to tide over your cash flow issues. Banks and non-banking financial companies (NBFCs) offer gold loans for tenures as short as three months to as long as five…
Source: Live Mint The financial market has transformed over the years which has revolutionised the entire lending and borrowing process. One of the major innovations which has reshaped the sector are loan aggregators. These platforms connect lenders and borrowers efficiently and transparently, which act as a bridge in meeting challenges such as accessibility, cost-efficiency, and…
Source: Live Mint If you want to get a personal loan, your employment as well as your income plays a major role in making your application eligible for the loan. Personal loans are unsecured loans that do not require collateral. You can get quick access to funds as these loans offer quick loan disbursement with…
Source: Live Mint To pursue higher education anywhere in the world, students not only require good grades but having enough finances is equally important. Most students face difficulty in arranging finances to fund their higher education despite having good grades. In order to help such students, the government and private banks have introduced a scheme…
Source: Live Mint The credit utilisation ratio on your credit card is an important financial metric that lenders consider while approving a loan. If your credit utilisation ratio is above normal limits, the chances of you getting a loan comes down significantly. Here is a primer on credit utilisation ratio, how it works and how…
Source: Live Mint The Indian government has a variety of credit schemes aimed at supporting small business owners and entrepreneurs in many industries. The scheme is intended to empower prospective entrepreneurs, spur economic growth, and generate employment. It is aimed at the microcredit that small businesses use to start off, finance, and grow huge corporations…
Source: Live Mint Getting the money may not be that easy, particularly when you don’t have collateral to pledge to them. Conventional loans demand collateral, for example, in the form of equipment or real estate, for a guarantee that the loan would be repaid. Fortunately, there are unsecured business loans, and here we will teach…
Source: Live Mint Personal loans have become quite popular in recent times as they provide instant loan disbursal and help you get financial assistance if you are in an emergency situation. These loans are usually unsecured and do not require collateral. If you are looking to meet your short term financial goals and want to…
Source: Live Mint Regularly checking your credit score and credit report is always a good idea. It will help you stay updated with all the information related to your loans and credit cards. It will also help you identify any incorrect information or wrong entries in your credit report, which can affect your credit score…
Source: Live Mint The emergence of Buy Now, Pay Later (BNPL) services has completely transformed our purchasing habits. BNPL has become a very attractive alternative to conventional credit cards by offering interest-free payments and instant gratification. While it allows for flexibility and ease for temporary transactions, misuse of this payment option can seriously jeopardise your…
