The FinTech Hub
Source: Live Mint Efficient money management necessitates making correct loan selections. EMIs available through credit cards and personal loans allow users to pay over time conditions for urgent or intentional financial requirements. Long-term economic efficiency questions which payment option would be best in the end. The following analysis identifies whether personal loans and credit card…
Source: Live Mint EMI-free loans seem unrealistically appealing because businesses widely advertise easy financing and hassle-free loan opportunities in today’s market. Everyone would choose to borrow money under these circumstances since there are no monthly payment obligations. The appeal of this offering seems perfect but reality shows something else. The primary purpose of presenting free…
Source: Live Mint People need high credit scores today more than ever during this competitive economic period. Doing business with superior credit requires establishing trust and obtaining financial resources when seeking start-up funding from lenders or seeking supplier discounts or optimizing cash flow management. The strategic guidelines here will help organizations improve their creditworthiness thus…
Source: Live Mint Education loans are a great option for students going for higher studies. But EMIs (Equated Monthly Instalments) will hit your account six months-1 year after you complete the course. Early repayment can help students clear their debts sooner and plan their finances for the future. This will also have a positive impact…
Source: Live Mint Landing an admission in top-tier colleges for the most-sought-after courses in places such as the US and Europe is a dream for students. But getting admission in an institution of one’s choice is only one part of the process. Students have to get the necessary funding to cover their education expenses, which…
Source: Live Mint I am planning to buy a car worth ₹7 lakh and am considering taking a vehicle loan. I’m evaluating a 3-year versus a 6-year loan tenure. While I can afford a higher EMI, I’m unsure whether opting for a shorter tenure is the right financial decision. What key factors should I consider…
Source: Live Mint Education is a crucial part in building a foundation to shape your career. However, if you are facing a financial crunch and are looking for ways to fund your education, a student personal loan can be an option that you can consider. These loans provide quick loan disbursement and generally require a…
Source: Live Mint A loan recovery process, specifically the process of collecting loan payments from debtors when already overdue or in default, has been known for ages. Essentially, the loan recovery process remains an essential practice in the finance sector. From asset repossession and other court procedures to more aggressive processes like involving debtors as…
Source: Live Mint A loan moratorium is a period during which debtors are protected from having to pay Equated Monthly Instalments (EMIs) and other repayments. It temporarily suspends the repayment of a loan. However, the specific terms of a loan moratorium can vary significantly depending on the lender, the type of loan, and the circumstances…
