Best Personal Loan App

Business loans are sanctioned to existing business owners or budding entrepreneurs looking to start their own business. The business loan amount helps them get their idea off the ground. Existing business owners can use the funds to take care business expenses. The loan amount includes the principal amount which is paid with interest in monthly installments. How affordable/reliable is a business loan? Can you, as a business owner honour your installments on time? Other than loans from banks and NBFCs, you can get personal loans for business from FinTech lenders as well. In this article, we discuss business loans in detail. Business loans are broadly categorized into two types - secured business loans and unsecured business loans. What is an Unsecured Business Loan? The main difference between secured and unsecured business loans is that the latter requires the you to offer collateral while an unsecured loan does not require you to pledge any security. For a lender, secured business lo

If you’ve ever borrowed a personal loan before, you’ll know exactly how important your credit score is for your personal loan’s approval. Your credit score is the gold standard against which all lenders across the country evaluate your loan approval. They use this to decide how risky it would be to sanction your loan. If you have a high credit score, you’d be a low-risk applicant for your lender. If your credit score is low, you’d most probably represent a high-risk proposition for your lender. Your credit score is a three-digit number that illustrates how financially responsible you are. It summarises how much credit you’ve availed of until now, your repayment behaviour, and your credit history. By now, you must be thinking that applicants with a low credit score cannot get a personal loan . But that’s not true. Here are four tips you can try to get a personal loan despite a low credit score: 1.Prove That You Have Good Repayment Capacity When it comes to getting a low credit personal

 Personal loans for women are easily accessible online. They present a world of opportunities for those looking to invest and also provide the much-needed relief during emergencies. Personal loans are low-interest, quick loans that require minimal paperwork and can be accessed online or through an app. Only Indian women over the age of 21 with a monthly source of income can apply for these loans. While there are little to no restrictions on what you can do with the money, this article shares 4 different ways you can use personal loans for women. 1. Business According to recent statistics, more than 20% of MSMEs in India are run by women. MSMEs need liquid assets and online personal loans for ladies provide just that. Women can use the funds to expand their businesses, pay wages, and pay off debts using personal loans. Personal loans can be instrumental in helping women-run businesses grow and tackle uncertain times. 2. Postgraduate Courses According to an article published in Scroll.