The FinTech Hub
Source: Live Mint Life is full of surprises, and sometimes you may need cash immediately because of unforeseen costs such as home repairs, medical emergencies, or a possibility. That may come unexpected, so in such cases small cash loans, if guaranteed by an Aadhaar card, would be the only trustworthy financial lifeline. Let’s examine the…
Source: Live Mint In a recently shared post on Linkedin, Zerodha’s co-founder and the younger of the two Kamath brothers – Nikhil Kamath – wrote about Unified Lending Interface (ULI) and how lending as a phenomenon can play a key role in scripting the growth of individuals. While showering praises on ULI (Unified Lending Interface),…
Source: Live Mint Small industries contribute a significant portion to the Indian economy and provide a major source of employment in the country. However, this sector also faces immense competition from major multinational companies. Some businesses may find it difficult to access funds in favourable terms. Therefore, the government of India has several loan schemes…
Source: Live Mint This kind of idea leads to very crucial discussions in terms of equality and justice regarding the potential stereotypes in gender-based prerequisites for loan criteria in the finance industry. Here we will discuss the various eligibility criteria based on gender and ways to improve your gender-based loan eligibility. Personal loans Personal loans…
Source: Live Mint Are you planning to raise a personal loan and still in a dilemma over which bank to opt for? Loan borrowers typically make a decision based on the rate of interest charged by the bank. So, a loan applicant is likely to choose a bank which charges a lower rate of interest than…
Source: Live Mint In the modern world, taking a personal loan may be the only option to overcome urgent financial obligations. If your credit score is low, then it would be challenging to get approval from conventional lenders like banks or financial institutions. Your credit score primarily defines your loan-eligibility status in India. Scores under…
Source: Live Mint Personal loans are a popular choice amongst people who are looking for instant funds for an upcoming event or for an emergency. These loans provide instant loan disbursement with a flexible repayment tenure and no collateral which makes it an ideal choice for many who do not own assets but require a…
Source: Live Mint If you are planning to raise a personal loan, it is important for you to know that your credit score should be high. For those who are unaware, credit score is the measure of a borrower’s creditworthiness. Lenders require personal loan applicants to have a good credit score which means the borrower is worthy of…
Source: Live Mint MobiKwik, digital wallet provider, recently announced a strategic partnership with Piramal Capital & Housing Finance (Piramal Finance) to offer personal loans to its customers. As a result of this partnership, MobiKwik customers will be able to raise personal loans directly through the MobiKwik app. One can use a personal loan to meet…
Source: Live Mint A good credit score is one of the pre-requisites for obtaining a loan. The credit score is mainly dependent on your credit report. But what happens if your loan application is rejected due to inaccuracies and outdated data on your previous loans in your credit report? The decision to grant a loan…
