The FinTech Hub
Source: Live Mint Personal loans are a popular choice for people who are in need of quick cash to cover their expenses for a while. These loans do not require any collateral and offer quick loan disbursement which makes them quite accessible. However, lenders follow a specific eligibility criteria which you are required to meet…
Source: Live Mint While applying for a personal loan, an individual has to fulfil various eligibility criteria. Some of these include age, income, credit score, debt-to-income (DTI) ratio, profession, work experience, etc. What if the loan applicant’s income is lower or credit score is lower than the bank’s personal loan eligibility requirements? In such cases,…
Source: Live Mint Assessing your financial health is extremely important for your future borrowings. If you are planning to consider a personal loan or a credit card, then you must have come across the terms ‘credit score’ and ‘CIBIL score’. Before you apply for any credit, it is extremely important that you understand the difference…
Source: Live Mint If you are planning to raise a personal loan in the near future, it is important to carry out an exhaustive background search. Among several things, it is vital to scout for the lowest possible rate so that you can raise the loan at an affordable interest rate. There are times when…
Source: Live Mint To get a personal loan, an individual has to fulfil the eligibility criteria. The applicant’s age should be within the specified age bracket; income should be higher than the specified minimum amount; should have a stable career with specified minimum work experience; the credit score should be equal to or higher than…
Source: Live Mint Personal loans are a popular choice for people looking for quick cash to cover their finances or if they are facing any sudden emergency. These loans offer quick loan disbursement as well as provide a simple application process. Since these loans are unsecured, your credit score and income becomes one of the…
Source: Live Mint Credit score can help you get low interest rates on personal loans and is one of the major criteria of your application approval. Personal loans are unsecured and do not require collateral. Hence, your income and credit score plays a major role in determining your credit worthiness as well as getting you…
Source: Live Mint Personal loans are unsecured loans which provide you with quick access to funds for your personal needs. Since personal loans do not require collateral, the eligibility criteria for loans are highly dependent on the credit score as well as your income. Hence, if you have a low credit score, your chances of…
Source: Live Mint Instant personal loans are a popular choice for people looking for instant cash to cover their expenses. These types of personal loans are offered by NBFCs, banks and online lenders providing a quick loan disbursement, digital KYC and online application process so that you can have a smooth and fast access to…
Source: Live Mint The use of technology in the financial sector has revolutionised the entire process of borrowing and transformed the user experience to a new level. From a quick and efficient process of submitting loan applications to customised offers, technology has simplified the entire personal loan application journey. Online loan applications Now it is…
