The Vibe Journal: Finance Blogs

The RBI guidelines for personal loans set the rules that every bank and NBFC must follow. These guidelines decide how lenders charge interest, verify applications, share loan details and recover EMIs. They exist to keep the borrowing process fair, transparent and safe for every customer. They also protect you from hidden charges and unethical recovery …

Several lenders offer small personal loans online, making them easily accessible and therefore, a popular option. These short-term loans are best suited for tackling your small needs. You can get the required funds quickly and repay comfortably in your chosen tenure. Some of the ways in which you can use the funding are:  Managing medical …

There is no fixed list of fake loan apps because scammers keep launching new ones under different names. Some commonly reported names linked to loan scams include Insta Loan, Maxi Loan, RupeeGo, Lendkar and CashBus. What matters more is knowing the warning signs. Fake loan apps often ask for unnecessary permissions, charge fees upfront, hide …

Want to apply for a personal loan with a CIBIL score of 600? Know that it can be challenging as most lenders prefer a higher score. Your score represents your creditworthiness, and therefore, holds great significance for your eligibility. Here’s a tabulated overview of what the score implies: Credit Score Meaning 800 – 900 Excellent …

Getting a personal loan with a credit score of 700 is possible but can be challenging and costly. This is because while some lenders consider it to be good, some prefer a higher score, generally above 750. And although the 50-point gap doesn’t seem that high, it has a significant impact on your eligibility.  To …

Keeping track of your account balance is now easier than ever with Punjab National Bank. You can do a quick PNB balance check anytime using your phone through a call, SMS or online banking. Just use the PNB balance check number or send a quick PNB balance check SMS to see your funds.  All it …

Keeping track of your Central Bank of India account balance shouldn’t feel like a task. Whether you’re at home, at work or on the go, there are multiple quick and easy ways to check your balance in just a few seconds – no branch visit needed. This guide walks you through all of them, including …

Keeping track of your bank balance is essential for managing your finances. Axis Bank offers several convenient ways to check your balance, including a dedicated balance enquiry number. With just a missed call or an SMS, you can get instant updates on your account balance without visiting a branch or ATM.  Read on to know …

The IDBI Bank balance check number is one of the easiest options to get your account balance. Apart from this, IDBI Bank offers alternative ways to track your balance:  You can run an IDBI Bank account balance check instantly using any of these options above. Remember, you must register your mobile number to enjoy these …

Making a part payment of a personal loan or choosing any of the other prepayment options offers many benefits. It reduces your interest burden and makes you credit-free early. You can choose the right option to increase your savings by understanding how they differ.  Read on to learn the difference between these loan repayment methods. …