Personal Loan: Why should you use an EMI calculator before raising a loan?

Personal Loan: Why should you use an EMI calculator before raising a loan?

If you are planning to raise a personal loan, it is vital to ensure your finances are in order. For that, you are supposed to keep your monthly debt obligation within your budget. A slightly lower interest rate can bring down your EMI considerably. Alternatively, if you borrow a lower amount, your loan liability and … Read more

7 scenarios where personal loans can be useful for financial stability

7 scenarios where personal loans can be useful for financial stability

Big decisions in life, like moving to a house, buying a car, or starting your own business, are not easy and require careful planning and investment. In times when we run out of funds to make these decisions, there is always an option to access credit via tools like personal loans. This type of unsecured … Read more

What are personal loans and how do they work?

What are personal loans and how do they work?

Are you dreaming of visiting your favourite country but finding yourself short on funds? Or perhaps you’re eyeing a luxury gift or need quick cash for miscellaneous expenses? A personal loan might be the solution you’re looking for! While personal loans are a popular choice for many, it’s crucial to understand whether this option is … Read more

Debt consolidation, home renovation, education and more: 8 top purposes personal loans serve

Debt consolidation, home renovation, education and more: 8 top purposes personal loans serve

Personal loans fall under the category of unsecured loans, meaning they lack collateral such as a car or house to back them up. While this makes them more accessible compared to secured loans, they often result in higher interest rates. Also, in contrast to other loan alternatives, personal loans are frequently easier and faster to … Read more