Category Archives: Insurance

Do you think transferring a loan can be as simple as passing a baton from one person to another in a relay race? Well, not quite, but the concept of loan transfer to another person comes close to that. It could be a property deal that has gone sideways, a…

Have you ever felt that your personal loan tenure is dragging on, locking up your finances for more time than you would prefer? Enter loan foreclosure - a financial shortcut that enables you to break free from debt ahead of schedule. It is more than an early payoff; it is…

As of Q3 2024, personal loan debt rates make up about 1.4% of the total consumer debt. Most of us have experienced financial crunches at some point in life, such as during medical emergencies or planning home improvements. In such situations, many of us turned to personal loans to obtain…

Personal loans serve as an easy way to fund your sudden or urgent expenses like a wedding or a home renovation. As personal loans tend to be unsecured, most non-banking and banking organizations tend to be more cautious toward assessing the borrower’s eligibility to ensure that there is no default. …

In an age where financial aspirations often outpace paychecks, understanding your borrowing potential becomes more than a matter of numbers – it is a strategic move. The intersection of income, creditworthiness, and lender policies shapes a nuanced matrix that determines how much personal loan you can actually secure.  If you…

As of Q3 2024, 24.2 million people have personal loans, which is a 4.3% increase from that of last year. If you are wondering “How much personal loan can I get on 30000 salary?”, you are at the right place. Banks and other financial institutions generally provide personal loans as…

Have you ever wondered how far a modest salary of Rs. 20,000 can stretch when it comes to securing a personal loan? It is not just about numbers on a payslip; it is a delicate dance of eligibility criteria, credit scores, and lender policies. For many individuals earning a modest…

Finding the right personal loan can be challenging when you have a fair credit score. Lenders might see you as a moderate risk, which can limit your options and lead to higher interest rates. However, with the right approach, you can identify the best personal loans for fair credit and…

Have you ever needed quick funds but did not have any assets to offer as security? Personal loans are a go-to financial solution for many, but not everyone has assets to pledge as collateral. Thankfully, personal loans without collateral offer a lifeline for individuals who need quick funds without risking…