Personal loans are becoming increasingly popular in India as they are easily available and convenient. Prominent lending institutions such as: HDFC Bank, ICICI Bank, Kotak Bank, Bajaj Finance, CreditAccess Grameen among others are rapidly scaling up loan distribution services. Also Read | 10-minute personal loans: Fast money or a fast track to debt? Due to … Read more
In India, having a good credit score while borrowing loans and credit cards at reasonable interest rates is essential. That is why it is important to maintain a clean repayment history. That is why many also raise this question: Do credit scores get impacted because of delayed utility payments? This write-up is dedicated to answer … Read more
A good credit score is indispensable to raisepersonal loans and credit cards. However, building a solid credit history doesn’t happen in a short time. It needs consistency and responsible financial habits. Here, we explain how one can build and improvecredit score over a period of time. Building credit history: Steps to take 1.Use credit cards … Read more
Personal loans are generally taken in India for satisfying one’s current financial needs, but do remember a higher rate of interest can increase repayment difficulties. Now, it is interesting to note that, even when you’ve taken a loan, there are certain methods which you can adopt so as to lower your personal loan rate of … Read more
Maintaining a healthy credit score is important for securing loans and credit cards at favourable and easy interest rates. Still, missing even a single EMI can immensely impact your credit score in a negative way. Potentially dropping it by 100 points or even more. That is why understanding how to deal with this kind of … Read more
The Indian stock market continues to remain volatile due to the ongoing geo-political issues such as: Trump’s tariff threat, Russia-Ukraine war, global inflation, high interest rates etc. All these issues have cumulatively resulted in India’s benchmark Nifty 50 index suffering a swift correction of more than 10% over the last six months. Nifty 50 has … Read more
The choice between appropriate loan options becomes vital for urgent financial situations. The freedom they both grant comes from different loan functionalities of overdrafts and personal loans. Knowledge about their fundamental variations helps you decide better and achieve ultimate savings. What is a personal loan? Personal loans function as unsecured financing which allows you to … Read more
Did you apply for a credit card and it was declined because of a poor credit score? Else, you want to apply for a personal loan and realised that your credit score is too poor to make the cut. If that is the case, be aware that you are not alone. There are a large … Read more
Several different forms of debt such as credit cards demand personal loans and medical expenses become complicated to handle at once. You can simplify debt repayment through debt consolidation loans which also help you decrease both interest costs and payment complexity. Understanding this choice requires specific information for potential applicants. What is debt consolidation? Debt … Read more
If you are planning to apply for a personal loan in 2025, remember that you need to plan things well in advance. From checking your credit score to carrying out proper research on the lender – everything plays an important role. Then there are numerous nuances linked to it. For example, what if the bank offers … Read more