Choosing the right auto loan is as important as buying the car itself. While buying a car, you must ensure that it meets all your requirements and is within your budget. The same goes for online car loans. Although getting an instant car loan online is relatively easy, you must avoid making mistakes in picking …
Continue reading “Taking a Car Loan? Common Mistakes to Avoid”
Yes, most of them are. But that ‘most’ is doing a lot of work and it’s worth understanding what separates a trustworthy app from one that could leave you in a genuinely bad situation. The apps that are safe to use are backed by an RBI-registered bank or NBFC, follow the 2022 Digital Lending Guidelines and are upfront about what they charge. …
Continue reading “Are Instant Loan Apps Safe? How to Check Loan App Safety Before You Borrow “
The festive season is finally here, and it brings with it much-awaited shopping sales. With the global pandemic, there has certainly been a slump in the economy as people have put off making big purchases. But as the economy restarts again, e-commerce giants like Flipkart and Amazon have geared up for major shopping sales. Let’s …
Continue reading “The best ways to save on big purchases this shopping sale”
Based on your loan history (of all kinds), a credit score is a number that measures and rates your financial health. To decide whether to accept someone for a loan or credit card and to determine what interest rate to charge, lenders use credit scores. In order to decide whether to rent your house, give …
Continue reading “Know what your credit score says about you”
Over the years, an individual’s or even an organisation’s creditworthiness has come to be defined by their credit score. A loanee’s traditional data (e.g. credit history, types of credit, credit utilisation, etc.) is usually the only factor considered by credit scoring systems to evaluate their creditworthiness. The problem with this system is that a significant …
Continue reading “Alternative Data Is Now Mainstream in Credit Risk Analysis”
When applying for a personal loan, one of the biggest concerns borrowers have is understanding all the costs involved. What is the processing fee for personal loan? Are there any personal loan hidden charges that might surprise you later? Getting clarity on these questions helps you plan your finances better and repay without stress. Being …
Continue reading “Personal Loan Hidden Fees and How to Avoid Them”
