The FinTech Hub
Source: Live Mint Did you borrow money from a bank but now realise that you got a rough deal from it? You have realised that there are too many hidden costs or the rate of interest was raised unreasonably soon after? Or is there something else, which the bank has done that violates the line of…
Source: Live Mint Personal loans are a great way to get financial assistance in times of emergency or if you are about to have an important event and want some extra funds or if you just want to treat yourself with a luxurious gift. These loans do not require collateral, hence, it is a popular…
Source: Live Mint When you want to raise a personal loan, you may have an option to raise it against a credit card rather than opting for a conventional personal loan. However, one must make a wise choice between the two options. Before you jump the gun, make sure that you consider all the key factors….
Source: Live Mint The Reserve Bank of India (RBI) recently released a set of Frequently Asked Questions (FAQs) regarding a circular on resetting floating interest rates on Equated Monthly Instalment (EMI)-based personal loans. One of the highlights of the circular is that banks must give borrowers the option to switch the interest rate from floating…
Source: Live Mint Raising a personal loan is quite simple and convenient. There are a number of options which include banks, non-banking financial corporations (NBFC) and digital fintech platforms, among others. Although most banks still provide the option of raising a loan offline, the most feasible and sought-after option is to raise the loan online. The…
Source: Live Mint If you are a new investor and looking for immediate funds, then you can explore the idea of raising a personal loan. It is one of the most feasible ways to raise an unsecured loan in order to solve your financing needs. Although the rate of interest of personal loan is typically higher…
Source: Live Mint Instant loan apps have made the process of taking a loan quick and hassle-free, suiting your financial needs. The platform has transformed the lending scenario, where borrowers can get loans with a few taps on their phones. Due to instant loan apps, you do not have to go through endless paperwork and…
Source: Live Mint Are you planning to raise a personal loan and struggling to streamline your finances at the same time? Are you unsure as to how much tenure you should opt for to make a commitment for an EMI that you can afford to pay. Well, you are not alone in this dilemma. In…
Source: Live Mint If you find raising a personal loan from a bank a cumbersome process, then you can – among other things – raise it from a digital lending app. One of the key differences between a bank and a digital lending app is that unlike an app, a bank typically requires applicants to…
Source: Live Mint While fixed rate personal loans, which were supposed to be exceptions to the prevailing variable-rate lending norms, gained in popularity even, this piece probes the implications to the lenders themselves, whether that shift spells potential permanence as an economy emerges with its set of interest-lowness conditions. Here we will examine how landscape…
