Best Personal Loan App

Personal loans are a type of unsecured loan offered to working professionals to quickly and conveniently meet their financial needs. As a form of credit, personal loans are very convenient, mainly because they are collateral-free. If you are looking to avail of a personal loan, you needn't stress about giving up your assets as collateral. This is one reason why you'll find that the interest rate on personal loans is a tad bit higher than your average car loan or home loan. There are several providers you can approach for a personal loan, including FinTech companies and NBFCs. Depending on your loan provider, you can find different personal loan products specific to a particular need. For example, you have personal loans for a wedding , personal loans for a low salary, and personal loan for travel as well. The application process is also straightforward and usually takes place online. Your eligibility depends on factors like your credit score, credit history, repayment abilit

Across the globe, the coronavirus pandemic has upended life as we know it. Economies have spiralled, and businesses have halted operations or shut down completely. Salaried professionals in the corporate sector face immense anxiety, as their employers ask them to take pay cuts. Thousands of workers have been furloughed or laid off as well. In such an uncertain climate, it's natural to be worried about your next salary. If you've been asked to take a pay cut, managing your living expenses on a reduced salary is bound to be challenging. There will be times where you'll be short of cash for necessary expenses. Borrowing from friends or family may not be an option, as your peers are worried about their jobs too. In such a scenario, people are increasingly turning towards borrowing instant loans online to get emergency cash quickly. But are instant loan approvals good news? We explore three ways to borrow money in a financial crisis. Read on: 1.Payday Loans This is a type of ca