When it comes to loans, there are a lot of options available in the market to choose from. Personal loans and personal line of credit are the most common types of loans that individuals prefer. Both are a type of unsecured loan, meaning they don’t require any collateral.
What is an instant cash loan? – An instant cash loan is a quick short-term, unsecured personal loan that offers instant access to money for immediate expenses. Many instant cash loans offer loans that require minimal documentation with a quick approval process.
Getting a 700-credit score depends on your current credit score and the measures you take to improve it. A credit score of 700 is considered “good” by most lenders in India. If you have a lower credit score than 700, it is ideal to build your credit score at least to 700, to avail loan at favourable terms.
Processing fee is the percentage of loan amount typically between 0.5% – 3% of the loan amount. Every bank sets its own processing fee. Borrowers can either pay this amount upfront or have it deducted from the loan amount upon disbursal.
It is possible to get approval for an NBFC personal loan even with a low CIBIL score. Here are the steps to follow when you consider applying for a personal loan with bad credit:
These are the times when you don’t want to miss out on offers that you’ve been eyeing for since long. This festive season of Diwali is a perfect time to bring joy, celebration, and the excitement of shopping for gifts, clothes, home décor and more. Well, this might sound easy but managing all these expenses can be overwhelming. Here’s how you can take a personal loan. Personal loans are the easiest way to get funds if you want to shop stress-free and make the most out of this festive season without burdening your savings.
Before the funds get disbursed to your bank account, your loan application must go through a formal personal loan verification process. For a smooth approval, understanding this verification process is important.
A credit score is a three-digit number that ranges between 300 to 900. It is usually used by lenders to understand the creditworthiness of the borrower.A CIBIL score is a three-digit credit score given by Credit Information Bureau (India) Limited (CIBIL). CIBIL is the oldest credit rating bureau in India and has the license to operate from RBI (Reserve Bank of India).
Personal loan tenure means the agreed-upon duration between a lender and a borrower for loan repayment. Loan tenure impacts the interest rate and EMI amount. Lenders provide flexible repayment structures to ease borrower’s repayment, keeping their current income and financial situation in mind.
KYC stands for “Know Your Customer” is a mandatory process for anyone who wants to invest in mutual funds in India. KYC for mutual fund is important for the following reasons: compliance, investor safety, prevents financial frauds, risk prevention, streamlining transactions:
Dussehra is one of India’s most vibrant celebrations, and the best part of Navratri offers is the chance to buy your favorite items or gift your loved ones their favorite gadgets or household appliances at best deals. You might not always have the money to make these purchases. This Dussehra, Zype offers a Personal Loan that might help you achieve your personal goals without worrying about your immediate financial situation. Here are some reasons why the festive season is the ideal time to take advantage of these financing alternatives and add even more special moments to your festival if you wish to finance these events.
NAV or Net Asset Value of a mutual fund is the price of a single unit of a mutual fund. It is calculated by subtracting liabilities from the total asset value divided by number of shares. NAV helps the investor determine which investment to withdraw, keep or invest more into. It represents the price at which the investor buys or sells the units of the fund
Personal Loans vs. Personal Lines of Credit: What’s the Difference?
How to Avail Instant Cash Loan in 1 Hour Without Documents?
How to Get a 700 Credit Score in 6 Months?
How to ClaimZero Processing Fees on an Instant Personal Loan Application
How to Get NBFC Personal Loan For A Bad Credit in India?
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