What is an overdraft loan? Features, types and how it works | Mint

What is an overdraft loan? Features, types and how it works | Mint

Source: Live Mint Flexibility is often of utmost importance in good financial management, especially when it comes to catering to any unexpected costs. An overdraft loan is such a financial instrument that, if used wisely, imparts this flexibility. This guide explains the fees, advantages, and important factors to consider before taking an overdraft loan. Understanding…

Read More
Personal loan vs. overdraft loan: Pros, cons, and which one saves you more | Mint

Personal loan vs. overdraft loan: Pros, cons, and which one saves you more | Mint

Source: Live Mint The choice between appropriate loan options becomes vital for urgent financial situations. The freedom they both grant comes from different loan functionalities of overdrafts and personal loans. Knowledge about their fundamental variations helps you decide better and achieve ultimate savings. What is a personal loan? Personal loans function as unsecured financing which…

Read More