Best Personal Loan App

If there’s one big misconception that’s still prevalent about personal loans today, it’s that the interest rate is all that matters. Even today, many borrowers focus only on how much interest they’ll have to pay while evaluating a personal loan offer. The first step in the loan application process (whether you’re applying for a personal loan in Allahabad or Ajmer) is to find out a suitable lender that meets all your loan needs, at terms that are affordable for you. The only way you can do this is through proper and thorough research. You need to get online and evaluate as many loan providers as possible so that you can get a fair idea of what to expect based on your requirements. But while doing so, remember that there are other factors that you must consider apart from the interest rate. We’ve listed three such factors below. Read on: 1. The Repayment Tenure This is an extremely important factor because it can either make your loan EMI repayments an easy or equally difficul

When it comes to taking out a loan, time is of the essence. When you’re hit with an emergency, all you want then is to receive a much-needed infusion of extra cash to meet the emergency, get it out of the way, and not worry about it anymore. Unless you have family members and/or friends at hand to help you, you’ll most probably have to avail an instant loan online. With such a loan, the expectation is twofold: one, that the process of availing the loan is smooth and simple to understand, and two, that the funds can be accessed instantly (once the loan is approved). If your lender can’t offer you even this basic feature of convenience, then it’s time for you to get an instant loan online. Even then, there are certain things that you need to check while availing an instant loan. We’ve listed out 3 of them for you. Read on: The Affordability of the Loan How do you decide if your loan is affordable or not? By going beyond just the interest while evaluating your loan offer! A comm