The FinTech Hub
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…
Source: Live Mint A personal loan comes in handy when you need urgent funds as it does not require any collateral and can be utilised for multiple purposes. However, if you need a personal loan for emergency purposes, you need to know various factors that determine your eligibility to get one. One such factor that…
Source: Live Mint The calendar year 2024 is about to end, and we will soon welcome 2025. It is that time of the year when people make resolutions related to health, career, finance, relationships, etc. You may have also made some or all of these resolutions. In your finance resolutions, you should add a section…
Source: Live Mint Personal loans are a great option if you want quick access to funds in order to cover your expenses for a while. These types of loans have become popular because of the fact that you do not have to provide collateral to apply for the loan. However, you need to have a…
Source: Live Mint Over the past few years, the finance sector has witnessed technological advancements in almost all aspects of their working. Amongst these innovations, digital KYC (Know Your Customer) has become critical in providing you a completely digital and quick loan application experience. With digital KYC, instant personal loans have taken a huge leap…
Source: Live Mint A personal loan is the most preferred financing option by many as it does not require any collateral and can be used in multiple ways. However, a personal loan application may get rejected for several reasons. Rejection of a loan application does not mean you will never get a loan in the…
Source: Live Mint Before getting a personal loan to fund your expenses, it is important to know how to repay it to avoid extra charges over the existing amount. While paying the loan on the due date is an essential practice, paying off your loan before the due date has added benefits. Ways to pay…
Source: Live Mint When you apply for a personal loan, the banks consider different factors to determine the interest rate chargeable. Some of these are related to broader factors, like the macro interest rate scenario in the economy and RBI norms. Some relate to your profession and personal factors, like your credit score, past repayment…
Source: Live Mint Financial freedom is extremely important in every individual’s life. Loans and credit cards are some of the popular options for people who are in need of quick cash to cover their finances for a while. However, both of these credit options have a mandatory application process which is first assessed by lenders…
Source: Live Mint Although applying for a personal loan might seem like a pretty big financial decision, having a co-borrower with you could make the process go easier. Let’s see how adding a co-borrower to your application would increase the chances of it getting approved and even possibly make the loan conditions better. Understanding personal…
