Best Personal Loan App

Many people find themselves in situations wherein they require instant cash with an instant personal loan being the only light in sight. An instant personal loan can be offered to salaried individuals for any personal reason, such as paying off debts, meeting personal obligations, financing unforeseen expenses and much more. There is no security or collateral required to avail a Personal Loan, and that is why they are termed as unsecured loans. If you have any doubts about your chances when applying for an instant personal loan, this blog post is for you. Read on as we cover all the things you need to know about the instant personal loan application. Personal Loan A personal loan is a type of unsecured loan and helps you meet your current financial needs. You don’t usually need to pledge any security or collateral while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need. It can serve as your solution for managing your trav...

When it comes to borrowing loans today, the salaried professional has three broad options in front of him – borrowing against a credit card, taking a loan from a traditional bank, or availing a personal loan from among a host of lenders, including NBFCs and FinTech companies. Each of these options come with their own disadvantages, though. Traditional banks are known for long waiting times – it can take up to two weeks just to get your loan application approved, leaving aside the long queues and extensive documentation involved. Personal loans do come with a lot of benefits, sure, but if you’re looking for smaller amounts, chances are you won’t find anything below ₹50,000. The repayment tenures that personal loans come with are also usually from six months to a year. Let’s not even talk about how costly credit cards are – interest rates start from 15% and can go up to as high as 30%.  So, if you have a sudden expense to meet, but you only want a small amount, let’s say, aroun...

When it comes to borrowing loans in order to meet sudden, unplanned financial needs or to arrange funds for a large emergency, there are two options for borrowing money – personal loans and salary advances. A personal loan is an unsecured loan that you can avail to take care of a variety of expenses, without any worry because it is an unsecured form of borrowing. Moreover, banks do not monitor the way you use the funds of a personal loan. In a similar vein, salary advances also let you meet a variety of expenses, but the only change being that this is an advance on your future salary. There is a contract between your employer and yourself now, which is a good thing, as you don’t have to look elsewhere for money. Nowadays, more and more companies are tying up with salary advance companies that operate through an app. Here are three benefits you get through such a service: 1. Economies of Time and Money If you want an advance on your future salary and if your company has tied up ...

A sudden vacation plan? Found the perfect deal on the laptop you’ve been looking forward to buying? Don’t have enough money in your account to buy someone a gift? No matter what the need is, instant cash always comes in handy. Instant cash loans are a form of credit that meets your immediate requirements and have shorter repayment periods. Offered by a lot of banks and other financial institutions, cash loans have become extremely popular today. The biggest advantage of a cash loan is the convenience it offers, along with easier and quicker approvals compared to traditional loans. Here are some of the benefits you can avail. Take a look. Benefits A reliable source of fund Minimal documentation required A simple and hassle-free application process Quick processing time How to Apply All you need to do is to find a company such as KreditBee that lets you apply for instant cash loan online . Ranging from ₹ 1,000 to ₹ 1 Lakh, the loan amount is credited directly to your ...

Many a time you may find yourself in a financial emergency where you’re running short of funds, but with a twist. You don’t require a huge amount of money for something major (like medical bills), but on the contrary, it’s the opposite – you require only a small amount, but cannot get it from your family or close friends.  Being stuck in such a situation can only be doubly frustrating – imagine not being able to take care of a small yet important expense just because you don’t have the money! And my small amount, I mean amounts ranging from Rs. 2,000 – Rs. 8,000. Many people may have a variety of needs to be met, like paying for their rent, paying insurance premiums/loan EMIs, or making a necessary purchase.  If you can’t borrow from friends (because they’re in the same boat as you) or your family (for obvious reasons), then what do you do? Take out a cash loan, of course! Here are three things to do in case you need one: 1. Find a Good Lender Anybody who wants a s...

If you’re a business owner, you will agree with me when I say that a smooth inflow of funds is essential for any business to function at all times. If you want to fund growth in your inventory, you need a shot of working capital. If you want to pay your employees their salaries or increase your advertising spend, then you need more long-term funds. Such funds ideally should come out of the money you make out of the business, but you can’t ensure to make that happen all the time. In this case, you have no choice but to borrow funds, in case you need funds to make in important purchase decision or invest into the business.  Where can you borrow from? Funding from angel investors is not always possible. In such a case, you can get a personal loan, unsecured personal loan, or a secured business loan. Here are 3 ways in which an unsecured business loan can help you: 1. Helps Your Business Grow: Your business has no chance of growing if you can’t stock enough inventories as re...

If there’s one thing that business owners, big and small, will unite over, it is this: every business needs money, and there’s no such thing as having too much money to run on. If you’re a business owner, you’ll agree when I say that there are a lot of costs involved with running your business, costs which never, ever, seem to let up. You need money to purchase inventory, for working capital, to hire the right people, and even to pay your employees their salaries. Considering these factors, availing a business loan has become a much-needed solution to many a business owners struggling for cash. Not only that, you can also avail one online today, if you so wish. But before you start searching for your next business loan , you need to do some preparation. We’ve compiled a list of three things you need to do. Read on: 1. Do Your Research Beforehand This is obviously the first thing you need to do before you undertake any sort of borrowing. You need to read up on the different ty...

It’s the middle of the month and you need money. One of the most tensed situations in life is not having enough money when you need it the most. It is understandable that as an employee, you might encounter financial challenges in trying to make ends meet particularly due to the current high cost of living. You can’t even borrow it from your parents or friends. Whereas a number of lifestyle adjustments can be made to ensure that your income fits your budget, it is impossible to adjust some important cash needs such as emergencies, school fees, rent or critical occasions such as birthdays, anniversaries or weddings. For small loan amounts, it is almost impossible to approach bigger banks too. That’s when instant cash loan comes in handy. Cash Advance Loans offers you access to bridging finance that allows you to meet your financing needs such as bill payments or settlement of outstanding debts in a smooth manner. Here we talk about everything surrounding Cash Advance Loans . Take a lo...

Sometimes, it may so happen that regardless of our persistent efforts to stay out of debt, we end up borrowing loans anyway. This can happen due to many factors, but it is usually because of one thing – unforeseen expenses of contingencies that we just didn’t see coming. This can be anything – from an unexpected repair/renovation or medical emergency, to a home loan EMI or insurance premium that you forgot about. In such cases, you would obviously need extra cash to get over the financial crunch. While personal loans are always a good option you can consider, if your loan amount happens to be smaller, then you could also apply for a private loan. Many people turn to private loans to help them manage smaller debts. As it is with all loans, you should think it through before taking one out. Here are three reasons why a private loan is good for you: 1. Only One Monthly Payment As you may know, while paying of any loan, there is a repayment schedule that is drawn up for the borr...