Category: Personal Loan

  A processing fee is a one-time fee levied by lenders to cover the administrative costs involved in processing and disbursing a personal loan. The fee is usually deducted upfront from the loan amount or added to the total cost of the loan. Why Do Lenders Charge a Processing Fee Lenders charge a processing fee...

हिंदी में पढ़ें   Recently, several fraud cases have come to light where fraudulent loan accounts have been created through identity theft. Many individuals have raised concerns over new loan accounts reflecting in their credit report, which they never applied for or took. According to media reports, PAN details of individuals have been used by fraudsters...

Personal loans find many takers due to its easy availability, approval and flexible options on offer. However, very often, personal loans become one of the most expensive forms of debt as we fail to keep in mind or follow some key aspects. Here’s a ready-reckoner for you to avoid the following 10 mistakes while opting […]

Ankit, a 43-year old salaried professional, needed Rs. 80,000 for a financial emergency. Since he did not want to take favor from either his relatives or friends, he had applied for a personal loan. But his loan request got denied due to insufficient credit score. So what should he do next? Should he break his…

Credit comes in many forms, including credit cards, mortgages, automobile loans, commercial loans and personal loans. Each type of these credits has a certain purpose attached to it, whether it is to buy a car, a house, monthly expenditure or any kind of financial or medical emergency that comes into our lives. A personal loan…

Personal loan can be a great option for your financial emergencies as it does not need any collateral and comes with easy formalities. Though infamous for being an expensive borrowing, personal loan, when managed smartly, can contribute in improving your credit score. You might have heard that a good credit score is also needed to…

Whether you are planning a wedding, furnishing a new home or looking forward to a vacation, a personal loan can help you achieve these dreams and much more. Personal loan is one way through which you can gain financial assistance and support for your personal desires, without having to dip into your hard earned savings. […]

Personal Loan can be used for a variety of purposes. Be it a wedding in the house, wanting to take a long vacation or even any financial or medical emergencies. Since these loans usually are short term loans and are unsecured, they come with a higher rate of interest. But along with the Personal Loan…