Best Personal Loan App

Indian marriages, generally speaking, are known for their grandeur, pomp, and splendour. However, such lavish arrangements undoubtedly involve considerable expenses that sometimes can exceed your budget. For this reason, people prefer taking out a wedding loan so that they can quickly meet all their wedding expenses without having to compromise on anything. Continuing on the subject, in this blog post, we discuss four reasons to take a personal loan for a wedding . Read on.  1. Easy to Apply Many reputable financial companies offer accessible online platforms to apply for marriage loans . All you need to do is fill an application form, submit all the documents required, and wait for a few minutes for the loan to get approved. The best part is you can do all this with just a few simple clicks. Once your loan is approved, your lender will transfer the money to your account, and you can use it anytime to pay off all the expenses that you may incur.   2. Covers all the Expens...

If there's one thing that applicants wish for while availing of a personal loan, it's that they get the most affordable, low-interest rate loan possible. Since personal loans are unsecured, there's no collateral/security for your lender to fall back on in case of a default. This understandably makes personal loans a riskier proposition for your lender as compared to you. This is why personal loans carry a relatively high interest rate compared to secured loans. However, these loans are still prevalent because they're much more affordable than credit cards. You can do many things to increase your eligibility for a low-interest loan , like maintaining a healthy credit score, showing good repayment capacity, or leveraging professional credentials (like a reputed employer). This article lists three smart ways to use a low interest rate loan if you ever qualify for one. Read on: 1.Consolidating Existing Debt This is one of the best reasons to take out a low-interest personal...

In today's day and age, the process of taking out a personal loan to meet your financial needs has become simpler and quicker, thanks to advancements in technology. India has also seen an increase in the number and type of personal loan providers over the past five to six years. You no longer need to stick to banks to meet their loan needs. You can now approach NBFCs and FinTech players because they have lenient eligibility criteria and a seamless online application. In case your personal loan application is rejected (for whatever reason), there are other options you can consider as well. In this article, we'll be talking about one such alternative known as a salary-based loan. This is a loan product provided to salaried employees who work under the payroll of registered companies for a fixed amount of money (salary) every month. Here are its key benefits: 1.Shorter Processing Time The processing time required for salary-based loans is relatively shorter than typical bank...