You applied to multiple lenders in search of a lender that will offer you a personal loan at lower interest rates and on better terms. But does applying for loans within a shorter duration affect your credit score? The answer is yes. Multiple personal loan applications within a short period of time negatively impact your...

  Getting a personal loan without a PAN card is not possible, as every RBI-registered and regulated lending institution checks your PAN card for loan processing. Your PAN card is an essential document required for monetary transactions and holds high importance in the loan approval process. As per the RBI’s guidelines, you need to submit...

Securing a personal loan with low credit score is usually difficult, as banks and NBFCs consider a credit score of at least 750 or above to approve personal loan applications. A credit score of 600 is considered low, however there are few NBFCs and registered Fintech lenders who might offer personal loans to applicants with...

  If you are going through a financial crisis, personal loans can help you come out of these tough situations. Whenever in need of funds, traditional banks have always been the preferred choice for many individuals. However, in today’s fast-paced financial market, NBFCs are emerging as the popular alternate option with faster loan approvals, quick...