The FinTech Hub
Source: Live Mint Managing loan repayment properly can really make a difference in your financial health. With so many choices available, it is essential to choose the right one that will meet your financial goals and circumstances. Let’s understand the different kinds of loan repayment strategies, their advantages and disadvantages, and help you make better…
Source: Live Mint Debt can be a weight that prevents you from growing financially and creates unnecessary anxiety. Handling money becomes all the more complicated when you juggle several loans or credit card payments. Debt consolidation is one way to simplify your repayment process and perhaps save on costs. Let’s understand the advantages and disadvantages…
Source: Live Mint If you are suddenly short of funds and do not wish to borrow from friends then one of the options that you can avail is to raise a personal loan. However, before raising a personal loan, make sure that the interest rate is not exorbitant, time duration is optimum, and the lender is reliable,…
Source: Live Mint Weddings are a big affair in India. It includes extravagant celebrations, multiple events, grand locations etc. While weddings across India may differ in terms of rituals, traditions, and culture, one thing remains the same for most weddings across the country: huge expenses. People mostly spend their entire life savings on their big…
Source: Live Mint A credit score has a dramatic impact on your ability to borrow, secure the best loan terms possible, and even get a job or rent an apartment. often than not, however, many myths surround credit ratings and make matters worse and confuse people who have made wrong financial decisions. Let us debunk…
Source: Live Mint Gone are the days when a loan seeker had to literally run from pillar to post to procure a personal loan. Now with a barrage of loan options to choose from, consumers do not need to rely on a large financial institution alone. Besides a large bank, one can also approach an NBFC…
Source: Live Mint Personal loans are one of the most commonly used financial tools to address the need for emergency funds, as they can be used for multiple purposes. These are unsecured loans, meaning they do not require any collateral as a guarantee. Compared to other loans, eligibility for a personal loan is less strict,…
Source: Live Mint If you are planning to raise a personal loan then one of your key concerns could be to determine how easily and comfortably you can repay the same. Notably, borrowers can determine the loan repayment tenure on the basis of numerous factors. At the outset, it is worth mentioning that the personal loan…
Source: Live Mint A personal loan is a flexible financial option that facilitates quick access to funds for home improvements, meeting medical emergencies, travelling, or educational purposes. Equated Monthly Installments (EMI) comprise fixed monthly payments toward the principal and the interest components of the borrowed amount. This article explains how EMIs work, what affects them,…
Source: Live Mint If you have decided to apply for a personal loan, then your credit score will play an important role in determining your eligibility for the loan as well as the interest rate which you will get. Personal loans generally charge higher interest rates as compared to other loans offered in the market…
