A Loan is a financial instrument which you use when you have any kind of financial emergency. But before you can use this productive instrument you have to be scrutinized properly by the bank and only if you tick the 5 important boxes, you will be given the chance to use this. First of all, .
The evolution of technology over the years, coupled with the mobile/internet boom and social media explosion, had led to innovative new methods to access the credit score of applicants. Also, with the internet, there’s a new online lending segment in India which is giving rise to a new kind of challenge on sourcing credit score .
A personal loan is a savior when you want to get out of an immediate financial crisis. Personal loans are generally difficult to obtain compared to other types of loans as they demand strict qualification of requirements. It is the unsecured loan that is fixed for an individual obtained from the bank and is processed .
There is a huge misconception amongst the people that the home loans are not for the self-employed people. The misconception arises because of the criterion of income stability, but if you see the recent data published by various institutes and media houses, the percentage of self-employed in home loans is on the rise. Moreover, the .
A sufficient capital helps a business move forward in a positive direction which makes it flexible to take important financial decisions without having to tax their brains about this constraint which plagues most of the business nowadays. A secure business with a sufficient amount of working capital is said to be a healthy business which .
Often businesses suffer losses due to unavailability of funds for operations, expansion, grabbing new opportunities. The financial institutes have a supply of funds which is not very close to the amount demanded in real. Thus, the financial institutes have various criteria to grill the entrepreneurs before funding them. Earlier the tradition financial institutes mainly used .
Getting familiar with the concept of personal loan Personal loans are one of the easiest and cheapest options available in the market. You do not have to attach any sort of collateral security to get these loans. A good credit score makes it easy for you to get this loan and a clean past history .
Digitalization is touching every nook and corner of our lives and loans are no exception. If you fear the hassle of a myriad of documents and legal jargon and innumerable trips to the bank just to avail a loan, fear no more, for paperless loans are now a reality. Paperless loans have a long way .
A few years back availing loans was a very tiresome task. The long waiting period to get your loans approved has been shortened with the new technologies. However, one question still comes to everyone’s mind while looking for funds is whether to choose a loan against property (secured loans) or an unsecured one. There are .
Loan is debt. How can loan build your credit score? Is it really possible? Boosting and building your credit score is not possible overnight. It takes into account the past years of your financial behaviour and not your present only. But there are some ways how you can build and boost your credit score. One .