How to compare personal loan offers from multiple lenders? Here are 5 key factors

How to compare personal loan offers from multiple lenders? Here are 5 key factors

Choosing the right personal loan can significantly impact your financial situation. With numerous lenders offering various options, it’s essential to carefully evaluate offers to find the best deal. Here’s a guide to the key factors to consider when comparing personal loan offers from different lenders, ensuring you make an informed decision. Key factors to consider … Read more

Can a personal loan be your lifeline during a financial crisis?

Can a personal loan be your lifeline during a financial crisis?

In today’s fast-paced world, financial crises can hit unexpectedly. Whether it’s a medical emergency, sudden job loss, or unexpected home repairs, having access to funds can make all the difference. Many individuals are turning to personal loans as a viable solution to navigate through tough times. But how effective are they in alleviating financial distress? … Read more

Credit card fees exposed: Can you be charged before your card is even activated?

Credit card fees exposed: Can you be charged before your card is even activated?

Can banks charge you a joining fee even before your credit card is activated? They cannot as the credit card account will not be created unless the card is activated. With complaints about banks charging a joining fee even before the card is activated, unsolicited cards being issued and the undue delay in closing the … Read more

CIBIL: Applying for an unsecured loan? These are the credit score requirements

CIBIL: Applying for an unsecured loan? These are the credit score requirements

The CIBIL score requirements for unsecured loans vary from banks to banks and depend on a range of factors such as current employment, income, existing loans, and the credit history.  There is no denying the fact that banks tend to lend to borrowers who have good to excellent credit scores for unsecured loans. This is … Read more