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
A personal loan is quite different from other variants of loans. Unlike other loans such as a house loan or a car loan, a personal loan is an unsecured loan. Rate of interest charged on personal loan is usually higher than that of other loans and it does not require a collateral from the borrower. Key … Read more
Usually when a personal loan is disbursed, the loan seeker is free to use the money for anything s/he wishes to. Unlike home loan repayment, personal loan borrowers are not given any income tax benefit. However, this rule is subject to certain exceptions. One can claim income tax benefits on interest paid when the personal loan proceeds … Read more
In case of a sudden medical expenditure, Indians take a loan generally to bridge the gap. However, between a medical loan and a personal loan, do you opt for one over the other? Read ahead for both of them to choose wisely: Medical loans: They are meant for medical expenses Medical loans are tailored to … Read more
With the speed of finance today, monitoring your credit health like an eagle has never been more important. For Indian consumers, where credit access is becoming a necessity for everything from home loans to personal loans, frequent credit report updates are no longer a luxury, they are a must. Hence, understanding how these changes enhance … Read more
When you are running low or have completely run out of internet data on your mobile, you can easily do a top-up. A top-up gives an instant boost to the internet data. Similarly, if you have taken a personal loan and need more funds, you can go for a personal loan top-up. In this article, … Read more
Financial wisdom depends on grasping the operations of personal loan interest rates. Interest rate variations directly control your regular payments throughout the loan period as well as the total expense and available funding of your loan. Personal loan interest rates can be understood through an easy method which explains influencing variables presented in this article. … Read more
If you never held a credit card and never took a loan then the chances are that your credit profile does not exist. This means the bank may refuse to give you a credit card or a fresh loan. This is a common problem among young loan seekers who have recently started earning and do not have … Read more