Managing finances can be a challenging task, especially when unexpected expenses arise or when you’re striving to achieve significant life goals. In such situations, a personal loan emerges as a valuable financial tool to ease the burden. While short-term loans are common, there’s an often overlooked alternative that can provide greater flexibility and relief
09
Nov
Nov
In times of financial need, personal loans are often helpful. Both the application and approval processes for loans are quick with digital lenders. Lenders usually disburse loans within a few days. While getting a personal loan may seem exciting there are certain requirements that must be fulfilled in order to receive quick loan approval. And
26
Oct
Oct
Home improvement projects often come with a hefty price tag, especially when you’re looking to upgrade your furniture and appliances. Whether it’s time for a new living room set, a more efficient refrigerator, or a stylish kitchen makeover, the costs can add up quickly. But fear not, because a personal loan can be a convenient and
23
Oct
Oct
Life is full of unexpected twists and turns, and one such challenging moment can be the loss of a job. It’s a situation that can cause financial stress, especially if you have outstanding debts like a personal loan. In this blog, we’ll explore strategies and tips on how to navigate the tricky waters of repaying
04
Oct
Oct
When it comes to achieving financial freedom, making the right choices about borrowing money can be a pivotal decision. Two common options that people consider are personal loans and mortgages. Both serve as valuable tools, but they have distinct purposes and implications. In this blog, we’ll explore the difference between personal loans and mortgages, helping
26
Sep
Sep
Traveling is a dream that many of us share, but often, the cost can be a significant barrier. That’s where a personal loan for travel can come to the rescue. Personal loans offer flexibility and can be used for various purposes, including funding your travel. In this blog post, we’ll explore five creative ways
20
Sep
Sep
In today’s dynamic economy, more and more people are opting for self-employment as it offers flexibility and the opportunity to pursue one’s passion. However, self-employment can also bring about financial challenges, particularly when unexpected expenses arise. This is where a personal loan for self-employed individuals come into play. If you’re a self-employed professional looking to
09
Aug
Aug
The sun is shining, the days are longer, and that unmistakable summer vibe is in the air. You suddenly find yourself yearning for a last-minute vacation to unwind and make the most of the season. But what if your savings aren’t quite ready to support your wanderlust? Fear not, because a personal loan can come
04
Aug
Aug
Weddings are beautiful occasions that celebrate the union of two souls. They are significant milestones in people’s lives, filled with joy, love, and happiness. However, planning a wedding can be a costly affair, and many couples find themselves grappling with the financial burden it presents. In recent years, an increasing number of couples have turned
07
Jul
Jul
In today’s fast-paced world, personal loans have become an essential financial tool to meet various needs and aspirations. Whether it’s funding a dream vacation, managing medical expenses, or consolidating debt, personal loans offer a convenient way to access immediate funds. However, it is crucial to manage your personal loan EMI effectively to ensure timely repayment
05
Oct
Oct
Being a loan guarantor for your friend or family members could be a generous move, however any default or skip can put you in a tight financial spot. Let’s take a look at the financial responsibilities of a loan guarantor. By accepting to be a guarantor for a loan, you are assuring the lender of
25
Sep
Sep
Loan financing can be extremely crucial to mark success in a business. This loan amount can be used to consolidate debt, finance expansion of the company, so on and so forth. To be eligible for a small business loan, any Bank/NBFC looks at a few aspects thoroughly, namely capacity, collateral, capital, character and conditions. If
29
Jun
Jun
When an instant loan is applied for both the co-signer and co-borrower are equally responsible for the loan taken. Why is it so? If the borrower fails to make a repayment, the co-signer will be held responsible for payouts. 3 Smart Things to know before Cosigning a loan Let’s center our focus towards the 3
03
Mar
Mar
It’s always a gamble to seek advice from “just” friends, as they maybe or may not be our well-wishers in reality. Also, money has a different way of being divisive in our society & otherwise. So, even after being a ridiculously important part of our daily lives, it’s quite a taboo as well! This perception
31
Jan
Jan
A recent survey reveals that about 50% Indians are open to taking Personal loans to improve their current lifestyle. The survey evaluated by Home Credit India, a leading consumer finance provider, unveiled that nearly 1/3rd of individuals are willing to take a Personal loan/ Consumer Durable Loan to buy expensive consumer durable items such as
09
Jan
Jan
Of course, we know that women today do not like to be financially dependent. This is where incentives play an important role. The higher percentage of borrowers out of women is biased towards working women, as per a recent survey conducted. Millennials women these days are borrowing more, specifically to sponsor their lifestyles, and also heading
07
Jan
Jan
A car loan is generally opted for when the requirement for a car purchase is huge. This is the case when the down payment of a car is too much and can only be afforded with a loan. However, a lower car loan installment does not always imply savings. This is how car loans work
02
Jan
Jan
Financial technology and internet connectivity together have facilitated the online loan marketplaces. Online lending has been wonderfully enabled with the help of technology driven platforms which use intelligent scoring algorithms to Marketplace lending is made possible by technology platforms that use scoring algorithms to determine the borrowers’ ability to repay. The online platforms were first
12
Nov
Nov
Every business when gets started needs an initial push, this is similar to a solid business expansion. Here, equipment loans can be your all weather friend. Equipment loans can be specially used by ventures to start with a bang and procure capital for newer equipment purchase to make money. For e.g. a restaurant may need
30
Sep
Sep
Typically, you opt for a home loan to buy a property or build a house on it. There can also be times when your house needs a touchup, and then again your home loan backs. It can be a renovation, extension or repairs to the existing property. So even before we contemplate the idea of a
04
Jul
Jul
Personal loans are highly preferred for their versatile nature while gold loans are slightly specific in nature. However, on a ground level, both gold loan and personal loans have competitive interest rates within a range of 9.85%-26% and 10.75%-24% respectively. Quick approvals and disbursals are the determinants to choose a specific loan. Personal loans are
27
May
May
Want a loan but worried about your eligibility? There are ways to know if you are eligible to avail a loan. You can check it online and know the factors that contribute to the eligibility of the loan. Here are some of the factors that decides the eligibility of the loan for any individual. Documents
14
May
May
Home loan or housing loan is a certain amount of money borrowed by an individual to purchase a house or any piece of residential property for a specific time period. The amount is lent with some interest amount that has to be paid along with the principal amount. Eligibility to get a Home loan Decided
08
May
May
Very often we take a small loan at first. However, as time goes by we build more trust with the brand. Alongside, we start to like the concept of personal loans! Many lending institutions are open enough to offer a second loan. This could be basis the individual’s financial behavior and repayment pattern. The lender
03
Jul
Jul
We all are driven by goals which motivate us to work towards achieving them. Some goals require just the determination and the hard work but then there are some which also require cash. So quick cash loans can help one achieve those goals. Benefits of Quick Cash Loan Let’s have a look at what all goals
22
Jun
Jun
Belonging to an Indian middle-class family all through my life, I have been very careful about managing my expenses in proportion of my earnings. I always made sure to put some part of my earnings into my savings account and accordingly manage the spending. But no matter how much you plan your finances in advance,
24
May
May
Today, more and more people are relying on credit over cash for online and offline transactions. As per the RBI data, credit card outstanding amounts were as high as Rs 42,100 crore in the year of 2016. Ever since the digitization changed the lending process in India, increasing number of consumers are getting inclined towards a cash loan or
26
Apr
Apr
India has shown significant growth in economy in the past few years. But the economic inequality is still far exceeding India’s economic growth. According to the Oxfam survey*, the richest 10% of Indians own 80% of the country’s wealth, which is of course huge. Online lending – Home Credit Leading NBFC’s Impact of the Widening
20
Feb
Feb
From time to time, we always have crucial decisions to make, and chances are that it will cost money! Whether it is a new home-appliance, an automobile or a house renovation or any other any personal reasons, one needs a substantial amount of money to achieve what we desire. In such circumstances, a personal loan
15
Feb
Feb
There are a plethora of loans out in the market to cater to specific needs. If one wants to buy a car, there is a car loan. If one wants to buy high-end home appliances, then there is home-appliance loan for that. However, there are several reasons where we need an amount not large enough
18
Sep
Sep
Festive shopping is about to hit in a few days and you shall be flooded with attractive discounts and offers by all the E-commerce majors. The promotional activities will aim higher sales and be called by different names like big billion days, the Great Indian Festival etc. Ofcourse, buyers want the best deals and they
10
Jul
Jul
One of the biggest worry that everyone faces today is- why should we take loans and what is the right age to take it up? In recent times, as the rate of inflation has touched double digit figure choosing the right loan tenure becomes even more important as interest rates shows signs of going up
23
May
May
Online loan applications are now tried and tested procedures for most banks and financial institutions. And with the growing age of Digitization in India, there is actually nothing now which cannot be done at home. Digitization is being heralded as a major enabler when it comes to home loan sanctioning and disbursement. In fact, digitization