Category : Financial Insights
Its not uncommon for people to borrow multiple loans at the same time. A large percentage of families with a home loan also have a vehicle loan. Today, borrowers have a wide variety of options with a plethora of lenders offering term loans
Category : Financial Insights
While talking about loans, we often hear the term credit bureaus. Do you know what they do? They provide credit ratings. Let’s check them and take a closer look.
Category : Financial Insights
Banking and financial systems have evolved efficiently over time. Access to loans has become exceedingly easy in today’s fast-rising economy.
Category : Financial Insights
The Credit Information Bureau India Limited or CIBIL is one of the 6 registered Credit Bureaus in India which is responsible for collecting and storing your credit information.
Category : Financial Insights
Collateral-free loan refers to any loan that does not require any asset, security deposit or the backing of a guarantor. These are also called unsecured loans.
Category : Financial Insights
Loans provide financial assistance, from necessities like medical expenses to buying a home to planning a vacation or luxuries like buying an expensive smartphone. We avail of loans for a variety of reasons.
Category : Financial Insights
Getting a personal loan approved has become a much simpler process. You can easily get a personal loan with minimal documentation. Having said that, you need to have a precise understanding of how to repay your loan quickly.
Category : Financial Insights
In India, lenders keenly watch the credit score when it comes to lending to an individual. So, one must know about their CIBIL score and the ways to improve it. The loan is given by a lender to a borrower in whom the lender has full confidence.
Category : Financial Insights
Coronavirus has changed the norms of finance around the world. Indian banks were performing well and progressing well before the arrival of Covid-19. And this was despite increasing competition from NBFCs and financial setbacks.
Category : Financial Insights
A loan is the lending of money to a borrower with the underlying premise that the borrower will return the borrowed principal amount along with pre-decided interest within a specific timeframe.
Category : Financial Insights
Due to restrictions on movement caused by the COVID pandemic, there has been a shift towards digital payments. We can see examples of this in our day-to-day life. We prefer to do all our payments digitally rather than visit local grocery stores, malls, and markets.
Category : Financial Insights
What, if your CIBIL score is high? Why the CIBIL score is so important? If you are looking for answers to these questions, we’ve got the answers ready for you. A credit score is a 3-digit score given by any of the credit bureaus - CIBIL, Experian, Equifax or CRIF High Mark, based on your past and present credit behavior.
