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Showing posts from January, 2021

Flexi Loans vs Term Loans: Here's What You Need to Know

When it comes to availing of online loans today, ease of access and quick disbursal time matters a lot. Emergencies can knock on your door at any time. There's no point availing of an online loan if you can't get the full amount you require. Similarly, if you have to wait a lot for your loan to get approved, you can lose precious time you don't have. Not meeting your financial needs on time can have serious consequences as well.  Today, there are two popular types of online loans that can give you a much-needed cash infusion when you need it. They are term loans and Flexi personal loans. These loans can help you meet various financial goals you may have, including education expenses, planning a wedding, or home renovation. However, these two sources of funds do differ from each other in many ways. Here's all you need to know about these loans: 1.Nature A term loan is usually a 'fixed' type of loan, in the sense that the loan amount is given out at once as a lum

3 Ultimate Benefits Of A Personal Loan

 When it is about managing your finances, you may have to compromise on several wishes to fill in with the necessities, especially in strenuous times such as the lockdowns induced by the COVID-19 pandemic. However, things have changed now. In the current scenario, you can conveniently access financial assistance to meet your short-term emergencies with a personal loan. You can use a personal loan EMI calculator to help you understand the EMI payments and the interest rates. Continuing on the subject, in this post, we present three ultimate benefits of opting for a personal loan. Read on.  Convenient Processing Unlike other loan options where there is an extensive application process, personal loans have convenient processing. For example, you can apply for a KreditBee loan online. There won’t be any requirement for multiple in-person meetings. Moreover, the processing gets done quickly. Hence, you need not wait for days or months to get the funds. This comes in handy at times of emerg