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Showing posts from August, 2018

Benefits of applying for personal loans

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Benefits of applying for personal loans One may face financial crises at any given point in his or her life. These financial crises may arise because of personal reasons such as costs of the wedding, medical emergency, etc. or because of business reasons. In those times, we often fall prey to the trap of high-interest rate loans, given out by traditional financiers and loan sharks. Thus, it is imperative to check all the options available in front of us before finalizing on a particular loan. One such great option is the personal form of loan given out by banks and NBFCs (non-banking financial companies). These loans can be procured by you and can be used for anything and everything that you want; as long as it is something legal. However, as these loans are basically unsecured in nature, thus you need to meet the eligibility criteria in order to get personal loans . Get Personal Loans The benefits of applying for personal loans are as follows:   There are a number o

5 good reasons why you should opt for a quick personal loan

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5 good reasons why you should opt for a quick personal loan There are a number of banks and NBFCs (non-banking financial companies) which offer personal loans. These personal forms of loans can be used to buy anything and everything; as long as the money is used for legal activities. Thus, you can make use of these personal loans in order to take care of your personal as well as business needs. These loans come in handy when we are in urgent need of cash and have no legible source of income. Thus, you can make use of this cash in order to pay the medical bills or take care of that last minute trip you have planned. The feature of instant loan approval is an added advantage that one can make use of by opting for a personal loan. There is no need of collateral in order to procure a personal form of a loan. However, there are other eligibility criteria that you have to meet, in order to procure a personal loan. As these loans are given out by banks and NBFCs (non-banking fin

6 things to keep mind before applying for Short Term Loans or Payday Loans

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6 things to keep mind before applying for Short Term Loans/Payday Loans. Short term loan or payday loan are very useful to cover small but pressing financial needs. Be it a phone bill, an expensive dinner date or an impromptu trip to Goa, such loans are the perfect financial solution. So if you ever find yourself in a fix financially, opting for such a loan is a good idea. However, before you sign anything and make any concrete decisions, remember to keep these points in mind. 1. Instant online approvals. Try looking for a finance solution that provides smooth, snappy solutions. This way you can skip branch visits, paperwork, complex paperwork and nerve rackingly awaiting approvals. Some next-generation lenders even have an app through which you apply, submit your documents and get approvals within minutes with direct transfers directly into your account. 2. Void of hidden costs. The lender you go with should disclose all costs and expenses applicable upfront and transpa