CIBL score is an important parameter for evaluating Loan applications. If your CIBIL score is low, your loan application can be rejected by banks or NBFCs. Here are some qucik tips to increase your CIBL score Avoid high utilization of credit limits Avoid high current balances Pay not just the
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Personal loans for low CIBIL score Ajay was happy. His daughter had got shortisted for admission to one of the best school in the town. He now required to pay an upfront payment of Rs. 1 lac to secure the admission. He did not have the amount readily available with him.
Attention Financial advisors: Here are 3 reasons why you should consider P2P Lending for your investors’ portfolio “Tell me the investment that offers the best returns.” As a financial advisor, you have heard the above statement umpteen times from prospective investors. What are the options you usually offer? Stocks? Mutual
Principal Protection – What an investor cannot do without? What’s the purpose of the seat belts or the air bags in a car? Why do we wear life jackets when boating? Why do we buy insurance? You have been able to answer each of these questions to yourself, very smartly. None
How to double your money in just over 4 years? Let’s look at the obvious options. PPF? No. At the current 8.1% rate of interest, it would take 8 to 9 years. NSC? No, again. At the current 8.1% rate of interest, it would take 8 to 9 years. Bank
5 steps to get out of the credit card debt trap The story of a credit card user Credit cards – what a fabulous invention! I bought my favorite phone and I didn’t have to pay the entire amount upfront. My credit card had an offer, which allowed me
The beginning In 2006, the world’s first peer-to-peer (p2p) lending platform, Zopa began operations in the UK. Since then peer to peer lending has spread rapidly across the globe. Soon after Zopa was launched in UK, LendingClub was started in US. Another company called Prosper followed it. The trend quickly
Why you should invest in Peer to Peer lending? Peer-to-Peer Lending or P2P is emerging as an alternative and a sought after investment avenue. This is not without reasons. The benefits offered by p2p lending make it a relatively superior investment option compared not just to its fixed income counterparts
P2P lending investment – Minimum Risk, Maximum Returns Here is a simple question for you. From the following 3 investment choices, which one would you select? Minimum Risk, Minimum Return Maximum Risk, Maximum Return Minimum Risk, Maximum Return Your preference is obvious, option no. 3 – Minimum Risk, Maximum Return.
The Alternative to the Bank Fixed Deposit The recent drop in interest rates has left many of us fuming. The Bank Fixed Deposits currently are offering anywhere between 7 to 7.5% – almost a percent point lower than a year ago. The news is there more rate cut coming. The