The Vibe Journal: Finance Blogs

Wondering, ‘Can I get a personal loan without ITR? Yes. Most lenders require self-employed applicants to submit their income tax returns to review their income and repayment capacity. However, some use alternative methods for this assessment, making loans accessible even when you don’t have your tax filing records.  Read on to learn how to get …

When there is a non-repayment of loan EMIs beyond a stipulated timeline, lenders can take necessary actions as per the RBI guidelines for loan recovery. This helps in enforcing fair practices in loan recovery and protecting the interests of borrowers and lenders alike. To know more about this concept, read on.  Loan Recovery Process Now …

‘Can I buy a car in cash?’ This is one of the most common questions that pops up when you decide to purchase a vehicle. On second thought, if you are wondering whether you should opt for a personal loan for cars rather than paying it entirely by cash, there are several things you need …

Understanding the importance of credit rating is the first step towards being smart in your credit journey. For any type of credit, financial institutions will check your credit score to evaluate your application.   This is because it gives them accurate information about your credit behaviour and ability to handle different types of credit. This, in …

Leveraging the limits of the traditional credit system, Peer2Peer lending has become popular across the country in recent times. It is a system where: People borrow within the communities to meet their financial requirements There is no involvement of an official financial institution  To know more about this new lending system, how it works, the …

Want to get a personal loan with a CIBIL score of 650? Yes, it’s possible when you: A 750+ score gets you better rates, but you can still get a loan with a lower score. Read on to know how to improve your chances. Can I Get a Personal Loan With a 650 Credit Score? …

Knowing what is IMPS (Immediate Payment Service) beforehand makes it easier to execute hassle-free fund transfers from the comfort of your home. With the rising popularity of electronic banking, IMPS stands out due to its real-time transfer capabilities. In addition, you can use this option to execute interbank transactions through multiple channels.  Read on to …

Taking a personal loan can ease your financial burdens, but defaulting on repayment can be a serious issue. Many borrowers wonder: ‘Can I go to jail for not paying online loans’ in India?   Let’s explore the legal consequences of non-payment, understand the rules and rights of both lenders and borrowers and learn how to navigate …

A personal loan for corporate employees is an easily accessible and popular credit option. This unsecured loan is customised for employees of large organisations so that you can get it quickly and affordably. Whether you are a government employee or working at an MNC, you can manage sudden and planned expenses without burdening your budget …

Choosing tax-saving investments has dual benefits: You can choose from various government and private options, which allow you to invest as per your goals and availability.  However, before you decide on any investment option, there are two important strategies you must consider: Read on to learn about top investment options, how much investment is needed …