Best Personal Loan App

When it comes to borrowing loans, the process can get a bit tricky if it’s your first time, or you’re not used to it. Gone are the days where you had to stand in a queue for hours in a bank, only to collect a metal token, and wait again for your turn. Then, you would be appraised by a loan officer where your only job would be to convince him how much you needed the loan and why it was so important. Well, it’s 2019 now and nobody has the time for all this anymore. Enter instant personal loans: a financial product you get when all the possible loan providers go online and have a web presence. What does it mean? Well, an instant loan is one where you avail a personal loan, entirely online. There’s no physical documentation involved, and the entire loan application process is conducted online. The following are 3 reasons why they are a great choice of loans: 1. Instant Disbursal of Funds This is the main advantage of getting an instant loan online. What you see is actually wh...

When it comes to borrowing a personal loan, we all know that it is nothing but an unsecured loan online. A personal loan is an unsecured loan given to working professionals to meet their unforeseen/unexpected financial needs as and when they arise. Since they can be so easily availed, a personal loan is also a popular avenue for funds among salaried professionals. Now, the first rule pertaining to borrowing of any kind is to only borrow when required, and only take out the amount required-nothing more, nothing less. This is something that...

Traditionally, you need to dress up and then go down to the bank or finance house to apply for a loan. The whole process is such a hustle not only in that sense but also in the fact that you need to prove yourself credible, attach the provided credit to an asset, and do regular check-ups to know the status of your application. The paperwork involved in itself is pure torture. Thanks to technological advancements, today you can access online loan apps that simplify the whole process. Online Loan Apps have dramatically changed how you can access credit lines in times of emergency. With its growing popularity among users, the market for online loan approvals is also growing. Two critical factors are driving people towards online loan apps. One is that using an online app is way convenient in a wide range of scenarios. The second is the fact that online loan apps give you access to services that are structured flexibly. Choosing to use an Online Loan App Convenience Theo...

A Cheap Cash Loan is one in which you need the cash urgently, but do not intend to pay too much for the convenience. This type of cash loan is very popular nowadays for various reasons which include fast approval and not requiring collateral. They are commonly referred to as payday loans. These loans can be very convenient in emergencies or when you don't want to involve your credit. Although there may be a few downsides, the upside is too good to ignore.  The Upside to a Cheap Cash Loan A cheap cash loan is a great choice when you wish to go on vacation, buy an important item, or make an unexpected payment. This quality of being hassle-free is one that attracts most people to cheap cash loans or payday loans.  If you are of 18 years going forward, have a monthly salary, and a checking account, you are eligible for a cheap cash loan. More so, even a person with a bad credit history has the assurance of getting the cheap cash loan when they apply for a bad credit payda...

Many people find themselves in situations wherein they require instant cash with an instant personal loan being the only light in sight. An instant personal loan can be offered to salaried individuals for any personal reason, such as paying off debts, meeting personal obligations, financing unforeseen expenses and much more. There is no security or collateral required to avail a Personal Loan, and that is why they are termed as unsecured loans. If you have any doubts about your chances when applying for an instant personal loan, this blog post is for you. Read on as we cover all the things you need to know about the instant personal loan application. Personal Loan A personal loan is a type of unsecured loan and helps you meet your current financial needs. You don’t usually need to pledge any security or collateral while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need. It can serve as your solution for managing your trav...

When it comes to borrowing loans today, the salaried professional has three broad options in front of him – borrowing against a credit card, taking a loan from a traditional bank, or availing a personal loan from among a host of lenders, including NBFCs and FinTech companies. Each of these options come with their own disadvantages, though. Traditional banks are known for long waiting times – it can take up to two weeks just to get your loan application approved, leaving aside the long queues and extensive documentation involved. Personal loans do come with a lot of benefits, sure, but if you’re looking for smaller amounts, chances are you won’t find anything below ₹50,000. The repayment tenures that personal loans come with are also usually from six months to a year. Let’s not even talk about how costly credit cards are – interest rates start from 15% and can go up to as high as 30%.  So, if you have a sudden expense to meet, but you only want a small amount, let’s say, aroun...

When it comes to borrowing loans in order to meet sudden, unplanned financial needs or to arrange funds for a large emergency, there are two options for borrowing money – personal loans and salary advances. A personal loan is an unsecured loan that you can avail to take care of a variety of expenses, without any worry because it is an unsecured form of borrowing. Moreover, banks do not monitor the way you use the funds of a personal loan. In a similar vein, salary advances also let you meet a variety of expenses, but the only change being that this is an advance on your future salary. There is a contract between your employer and yourself now, which is a good thing, as you don’t have to look elsewhere for money. Nowadays, more and more companies are tying up with salary advance companies that operate through an app. Here are three benefits you get through such a service: 1. Economies of Time and Money If you want an advance on your future salary and if your company has tied up ...