The FinTech Hub
Source: Live Mint Personal loans can be a panacea for a number of financial crises. Whether it is an emergency or a wedding, be it a renovation at home or the urgency to buy a luxury item for your loved one – one can raise a personal loan from a bank or a financial institution to…
Source: Live Mint Major requirements in terms of finance will be changed with a high-value personal loan. Personal loans are flexible for all purposes, such as debt consolidation, emergency medical care, home improvement financing, and dream vacation planning. A careful planning and a good financial one is required to be eligible for this kind of…
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 Traditionally, to get a personal loan, a borrower was required to visit the bank branch to enquire about the loan and make several visits to the branch to apply for a loan. With the evolution of the financial landscape and digitisation, applying for a loan has become quicker and more convenient. On…
Source: Live Mint The need for funds can arise at any time for several purposes, such as medical expenses, educational costs, or any other unexpected needs. Not everybody will have enough funds to meet unforeseen expenses. In such a scenario, an instant personal loan can be a viable option. What is an instant personal loan?…
Source: Live Mint Instant loan apps have transformed the lending scenario by providing quick and easy access to finances with just a few clicks on your phone. However, as such apps gain popularity in the financial landscape, the scams associated with them have risen as well. 1. Registered and authorised by RBI The Reserve Bank…
Source: Live Mint Are you worried about high interest rates on your personal loan taken in a hurry to meet your urgent financial requirements? There is help available if you haven’t paid too much in the form of EMIs (Equated Monthly Instalments). You can reduce the interest rate, renegotiate terms and even get a higher…
