Personal loans have witnessed a huge surge in demand and continue to grow at a rapid rate. People may require quick personal loans to settle their different financial needs, be it a wedding, vacation, tuition fee, event organising, renovation projects, medical emergencies etc. Being multipurpose, typically unsecured, and in some cases, no credit score checks, …
Continue reading “Factors That Affect Your Personal Loan Interest Rate”
Table of contents: How much are Indians borrowing and repaying? What are Indians borrowing for? Why is there a great demand of loans or credit? Instant cash loans: The next wave FAQs on the increased demand for personal loans India’s credit sector witnessed a boom in the past few years, currently set at an 11-year …
Continue reading “Why is there an increase in demand of personal loans?”
A marriage is a grand celebration of love, and comes with its share of expenditure. With a personal loan though, you are free to plan the happiest day of your life. Marriage is a big deal in India. And with it comes the wedding event itself, and other ceremonies. You may be in a place …
Continue reading “Financially Ready For Marriage? Wedding Loans Are Here To Help”
Personal loans are generally ad hoc credit provisions from financial institutions when in dire need of money for a variety of expenses. They are often short term loans, which provide immediate respite in times of need. They require no collateral; all you have to do to get a personal loan is get approved by the …
Continue reading “5 Reasons Why Personal Loans May Get Rejected”
“We are in the midst of a robust Indian consumer credit market expansion where we are seeing immense growth in both the number of accounts and balances for most major credit products, including credit cards and personal loans,” – Yogendra Singh, Vice President of Research and Consulting, TransUnion CIBIL. The online credit market has been …
Continue reading “Why is the Indian Market rapidly moving to Personal Loans Online?”
Borrowing has become a norm for the young Indian working population. A growing number of Indians are taking loans for a wide variety of reasons, fueled partly by the fact that loans have become so much more accessible for the market today. Loans for travelling, personal loans for shopping, loans specially curated to start your …
Continue reading “How Fibe has revolutionized borrowing in India”
Today, month-end blues aren’t uncommon and a financial emergency or a big-ticket expense can wreak havoc on your bank account. In this case, taking a Fibe Personal Loan or a Loan Advance against your salary is a good solution. You can conveniently repay the loan when your paycheque comes in. With new-age borrowing options like …
Continue reading “How to get a personal loan in less than 5 minutes”
Delay in getting your salary, sudden spike in your expenses due to festivities or medical emergencies can all require you to borrow funds to bridge gaps. Salary advances and personal loans are both ways that you can access credit when you need it. They both offer funds without collateral to salaried professionals. Let’s take a closer look …
Continue reading “What is a Salary Advance and how it is different from a Personal Loan?”
An overdraft account allows you to withdraw funds in an emergency when you have a low or insufficient balance. It is a type of short-term credit similar to a line of credit. Having knowledge about this facility can help you get instant cash from your bank account without waiting for loan approval during financial emergencies. …
We are aware of how vast and effective Social Media has become. In fact we owe our ability to be aware about what is going on to social media. Social media has ceased to be just a platform for interacting and socialising. It is much more now. Traditional verification to evaluate our monetary potential fails …
Continue reading “Social Media Score can affect your credit score”