Best Personal Loan App

We spend most of our time planning our finances, managing loans, and paying bills so that we don’t fall into a debt trap. Even after thoughtful planning, we fall short of money and require a loan, preferably from one of the best personal loan apps, to overcome our financial distress. While it’s not wrong to apply for a loan , it's important to maintain discipline while handling personal loans, credit cards, and other debt. If not, you could end up damaging your credit score. In this blog post, we shall discuss four tips to boost your credit history. Read on! 1. Always Repay  on Time Ensure that you are making your personal loan payments on time to build a good credit history and reflect a positive reputation on the credit bureau. To make full payments every month, set an automatic monthly payment system with a reminder. It helps you pay your bills on time by automatically deducting money from your account.  2. Maintain a Low Credit Utilization Ratio Make sure that you do not let yo

 Although enough has been said and written about the needs and wants of the “common man”, it seems the whole world is designed for the ones holding the strings. The case in financial services is not very different. In a country like India, where people go scot free even after defaulting on loans worth thousands of crores, getting a personal loan has been an ordeal for low-salaried individuals. But that is now changing; thanks to the companies offering low salary personal loans . What are low salary personal loans, you ask? Read on.  What are Low-Salary Personal Loans? Low salary personal loans are similar to traditional personal loans, albeit with a few differences. To begin with, a low salaried employee can draw anywhere between ₹10,000 to ₹2 Lakhs . Besides, as the loan range is not too high, the repayment period is also usually shorter than traditional personal loans. Here’s another aspect worth noting: the interest rates charged by different low salary loan companies tend to vary c