Category Archives: personal loan

What to Do If You Can’t Pay Back a Personal Loan

The worst has happened and you’ve just realized you can’t afford an upcoming personal loan payment. When you miss the payment deadline on a loan, you’re considered delinquent. In America, the delinquency rate of all consumer loans is 2.3%. Take a moment to breathe. Missing a payment can be terrifying, but it’s not the end of the world. Lenders ant

Top 5 Reasons People Take a Personal Loan

More and more people are taking a personal loan nowadays for multiple financial reasons especially the more expensive ones. Personal loans help the individual and households meet any shortfall when it comes to certain purchases. ‘A personal loan is an unsecured loan that people usually take from a bank or non-banking financial companies (NBFCs) to

What to keep in mind when attempting personal loan comparisons.

Personal loan comparison is one of the most essential steps when applying for personal finance. It ensures you get the best deal out there. However, for many borrowers, especially those who are taking a personal loan for the first, comparing options can seem like a troublesome task. Fortunately, we will make it easier by telling you the most impor

What You Should Do After Taking a Personal Loan

Nowadays, more and more people are opting to take a personal loan because of the rising costs of everyday and luxury commodities. Personal loans help individuals and families fill the gap between accumulated income and expenses. A personal loan is a loan which is completely unsecured and not backed by any security or collateral. People usually tak

Things you need to watch out while applying for personal loans

Personal loans are a great way to get quick access to funds when you’re stuck in any form of an emergency situation. Any individual with a good stable job and credit score can visit online, check the quotes of different personal loan providers and apply for a loan. There are several lenders who have partnered with aggregate sites to provide loans

5 numbers to be wary about besides your personal loan interest rate.

If there was one thing a borrower could reduce, it would probably be their personal loan interest rate. Not without reason – this percentage is basically the cost of the loan and who wouldn’t want cheaper finance solutions, right? It’s no wonder then, that so many individuals put lower rates at the center of their comparison efforts; some even mak

Planning to take personal loans? Here are a few benefits you should know

No matter how responsible we are, all of us have to witness the toughest financial situation at some point of time in life. We are unable to fulfill our financial goals due to lack of money. In order to counter the problem, we might approach friends or family members. If the amount is small, they might manage to lend you money, but now every time

Some factors that will impact your personal loan interest rates

Personal loans have become one of the most popular forms of financial products in India. There is no one-size-fits-all personal loan product as each customer will have its own financial requirements and preferences. Depending on your profile, credit score, income source, EMIs and credit card bill, the principal amount and personal loan interest ra

Personal loan mistakes you should avoid.

Personal loans are great. If you ever find yourself in a financial ditch, you can always rely on a personal loan to get you out. So if it’s a medical emergency or if you’re falling short for your travel plans or you require money to cover a wedding in the family, just get yourself a personal loan and things will work out. Just make sure you do not

Personal loans online: Your key to get quick access to funds

In today’s time, there is loan available for your specific needs such as car loan is used to buy a new car, two wheeler loan is used to buy a new bike, home loan to buy your dream home and education loan to fund your higher education. However, for those individuals whose finances don’t fall under a specific category, there are personal loans. A pe