Category Archives: credit

How is Credit Score Relevant to You?

How is credit score relevant to you

All loan or credit card payments, repayments, defaults and more reflect in your credit history of the individual, using which the credit score is arrived at. It is unavoidable to maintain a good credit score to keep your loan sanctioning process smooth and seamless. Infact, the interest rates too are determined based on the credit […]

Tips for the first time 'Cash Loan' takers

Tips for the first time 'Cash Loan' takers

Every first experience you have leaves you thrilled. And just before everything new you do, you are generally instructed by parents or someone elderly about how best you can do it and what are the possible Dos and Don’ts. The similar way, there are certain things which should be kept in mind when taking a […]

5 Common Hurdles of Individuals when Taking Loans

5 Common Hurdles of Individuals when Taking Loans

Applying for a loan is an easy ‘to do’. But, how many times does that application actually gets approved? Not always. There are various hurdles hampering amidst the application of loans and the actual disbursement. Highlighted below are the top 5 common hurdles of individuals when applying for loans: Documentation: There are a list of […]

Essential Checklist before selecting your Loan “Partner”

Essential Checklist before selecting your Loan “Partner”

Taking a loan with a partner may increase the chances of loans getting approved. Also, you get to share the amount of installments which you would have to pay once the loan has been disbursed. But, as the management says, “Be wise”. Just do not pair up with anyone in order to avail the loans. […]

The Fast Paced Growth of Fintech: This how it is!

ToThe Fast Paced Growth of Fintech: This how it is!

Now that technology is reaching every small segment in the business economy, how can finance be left behind? Fintech essentially refers to technology-driven solutions related to the financial sector Technology along with finance is known as Fintech that stands for financial technology. Tracing history reveals how financial technology began with the launching of financial services […]

Does social credibility matter when taking loans?

Social Credibility

Yes. The above quoted question is an absolute truth. A recent study shows that in year 2019, social network users will be around 258.27 million, up from close to 168 million in 2016. The most popular social networks in India were found to be YouTube and Facebook, followed by social app WhatsApp. Facebook is estimated to reach […]

Technologies used for faster loan sanctioning and disbursal

Technologies used for faster loan sanctioning and disbursal

Applying for loan and getting one is quite easy compared to how it used to be. With the use of technology everywhere today, all the work is done in a matter of minutes! Using technology not only saves time but also the paper and processing cost. There are different technologies used by various organizations which […]

7 tips to manage your finances better

7 tips to manage your finances better

It’s 1st of the month and you get a message on your phone saying that some amount has been credited to your bank account. You already know that the message is speaking about your salary. So you have the salary but you also have a very long ‘things-to-do’ list. Although, the goal is to do […]

The system of Aadhaar based Virtual ID

The system of Aadhaar based Virtual ID

Unique Identification authority of India (UIDAI) has launched Aadhaar Virtual ID also known as VID, a temporary ID to be used at all places. Instead of putting your Aadhaar number for verification, VID will be used to keep your details secure and private. The initiative was taken after a hue and cry created over leakage […]

Can personal loans enhance your credit score?

Can personal loans enhance your credit score?

Each one of us need some financial backup, here and there. Taking a loan to help ourselves is no new practice. But, do you know that taking personal loans not only helps you in meeting the urgent financial crunches but also in building your credit score? Credit score is nothing but simply your ability to […]