Personal Loan or Loan against PPF – know which is better! When you need urgent funds, loans can be a convenient financial option. Among the many options available, Personal Loan and Loan Against PPF (Public Provident Fund) offer funds, especially in situations when you don’t want to dig into your savings. Understanding how these two […]
Effective Strategies for Accurately Estimating Your Personal Loan Payments Thinking about taking out a personal loan? Whether you need funds for a major purchase, an unexpected expense, or splurge on a gadget, a personal loan can be a good option. However, before you borrow, it’s essential to understand your monthly payments and how they fit […]
What Will Happen If A Personal Loan EMI Bounces? Life gets busy and an EMI payment might slip through. A missed EMI payment can lead to extra charges, but you can still fix it. To stay on top of it, you need to be aware of penalty charges, credit score impact, repayment options and avoid […]
Loan vs. Overdraft: A Comprehensive Comparative Guide Loan vs. Overdraft, which one should you choose? Loans and overdrafts are two common options for borrowing but they work differently. A loan gives you a fixed amount with structured repayments, while an overdraft lets you borrow flexibly when needed. Understanding the features of each will help you […]
Issuer Identification Number (IIN) – Meaning & How it Works Have you ever wondered how payment systems instantly recognize your bank when you swipe, tap, or enter your card details? That is all because of the Issuer Identification Number (IIN). The IIN is the first 6 digits of your card number that becomes the unique […]
Penal Interest: Meaning, Definition & How It Is Calculated Before taking a loan, it is crucial to have a solid repayment strategy in place. Borrowing money comes with the responsibility of making timely payments, and missing a due date can lead to penal interest. What is penal interest? It is an extra charge on top […]
How to Celebrate Holi 2025 Without Financial Worries? On March 25, the Holi : festival of colors, will be celebrated in India. The traditional Hindu festival which falls on the full moon night brings immense joy, positivity, hope, new beginnings, delicious food and a sense of togetherness among people. In this blog, we will go […]
7 Times You Shouldn’t Use a Personal Loan to Solve Money Issues We understand that money struggles can be stressful, and personal loans seem like a lifeline. But misusing them can lead to unnecessary debt, higher costs, and financial strain. Before taking out a personal loan, it’s important to understand when it might do more […]
Understanding Overleveraged: Risks & Financial Consequences Taking on debt can be a smart way to reach your personal or business goals, but too much of it can create serious problems. This is known as being overleveraged. Whether you’re having trouble keeping up with loan payments or finding it harder to save for the future, the […]
What Is NEC in a Loan Process? Meaning and Importance When you’re applying for a loan, especially a home loan or a loan secured against property, there is an important document you often hear about – the Non-Encumbrance Certificate (NEC). But what exactly does it mean, and why is it so important in the loan […]
Paying Off Credit Card Debt With a Personal Loan: Pros & Cons Credit card debt can feel overwhelming, especially when high interest rates make it harder to pay off. One smart option that might help ease the burden is opting for a personal loan but is it the right solution for you? While a personal […]
Fastest Way to Get a Personal Loan Without a Credit Check Unexpected expenses can pop up anytime, and if you want to opt for a personal loan. But what if you don’t have a good credit score? Is there a way to get a personal loan without a credit check? Yes, it is possible to […]
