personal loan myths

Personal Loan: How does your DTI ratio affect your chances of getting a loan? | Mint

TheSpuzz Desk3 days ago011 mins

Source: Live Mint When you apply for a personal loan, the bank or NBFC considers various factors for loan approval. Some of these include your age, monthly income, credit score, profession, debt-to-income (DTI) ratio, etc. The DTI ratio is an important factor for deciding on loan eligibility, amount, etc. So, what is the DTI ratio,…

6 common myths about personal loans that could cost you money | Mint

TheSpuzz Desk1 month ago013 mins

Source: Live Mint For any financial emergency or any other purpose, you can rely on personal loans. They are quick and easy to get, provided you meet the eligibility criteria. They are collateral-free. You don’t need to tell the bank or NBFC the purpose for which you will be using the personal loan money. The…