Personal Loan Blogs

If you are looking for loan apps in India with zero foreclosure charges the top options are Fibe, Bajaj Finserv, Tata Capital, MoneyTap, PaySense, Navi, KreditBee, CASHe, ZestMoney and LazyPay. These personal loan apps offer zero or low foreclosure fees, flexible repayment options and quick digital disbursal of the personal loan. This makes personal loan apps ideal for salaried professionals and self-employed individuals.  In the paced digital …

Yes, you heard that right! You can still get a personal loan in India even with a low CIBIL score with top personal loan apps. Many RBI-regulated NBFCs and fintech apps now assess eligibility using alternate data such as income, repayment behaviour, and employment stability; not just your credit score. Apps like Bajaj Finserv, Fibe and others offer quick digital loans with flexible criteria …

Many RBI-registered NBFCs and digital lending apps now use alternative verification methods like bank statements, GST records and credit scores to approve loans quickly; even if you’re self-employed, a freelancer, or have an irregular income. Not everyone has a traditional 9-to-5 job and lenders are finally catching up. Whether you’re a freelancer, gig worker, a self employed individual or owns a small business, or between jobs, getting a loan without a salary …

Struggling to keep up with EMIs due to changing financial circumstances? We understand that sometimes the situation doesn’t favour. Many borrowers today choose to extend loan tenure to reduce monthly burden and stay financially stable without missing payments or hurting their credit profile.  Let’s understand how and when to consider extending your loan tenure.  When Should You Consider Extending Your …

Starting a new job is exciting but what if you need funds right away? The good news is that getting a loan for freshers is possible, even with limited work experience, if you meet basic eligibility criteria.  Tips for Getting a Loan with a New Job  If you’ve recently joined a company, here’s how you can improve your chances of getting …

EMIs have improved access to retail. We see EMI options everywhere right from phones, laptops, appliances and many more. Nowadays, you don’t even require a credit card to convert your expenses into an EMI. You can just use your debit card.  But here’s the real question most people ask:  Does debit card EMI affect credit scores?  Let’s break it down in simple, conversational language so you know …

Imagine this: Your loan EMI is due on the 5th. You assume everything is fine. A day later, you receive an EMI bounce message from your bank saying the payment failed due to insufficient balance. That’s when you first hear about EMI bounce charges and realise they’re more serious than they sound. Let’s break it down in simple terms, with real examples and data so you know exactly what you’re dealing with.  …

Public Provident Fund (PPF) is an investment plan for individuals that is totally backed by the Government of India. It is known as one of the best long-term savings options. Moreover, you can take out a PPF loan against your balance instead of breaking your savings.  A loan out of the PPF is a smart option for your short-term financial needs, which, at the same …

If you’ve ever applied for a loan, you’ve probably come across the term collateral. You must have wondered what it means and why lenders care so much about it.  Simply put, collateral means an asset you pledge to a lender as security for a loan. In any circumstance you fail to repay the loan, the lender has the legal right to seize and sell that asset to recover their money.  …

Getting a loan used to mean long forms, long queues and waiting for weeks. That’s not the case anymore. Now, you can apply, get approved and receive money in minutes – all through your phone. But here’s the big question: which one is better between an app-based loan vs traditional loan? Now, both these options …